Sens*x-Nifty closed with a decline after heavy upheaval...

S Venkateshwari
Sens*x-Nifty closed with a decline after heavy upheaval...
The first trading session of the week has closed flat. Heavy upheaval was seen in the market throughout the day. There was a sharp sell-off in banking and consumer durable stocks. However, buying was seen in FMCG stocks, which has supported the market. At the end of today's trading, the BSE Sensex closed at 79,960 points with a fall of 36 points, while the National Stock Exchange's Nifty closed at 24,320 points with a marginal fall of 3.30.
450 lakh crore market cap
The market cap of the indian stock market reached above Rs 450 lakh crore for the second consecutive session, although it came down when the market closed. In today's trading session, the market cap of stocks listed on the BSE closed at Rs 449.87 lakh crore, which closed Rs 349.88 lakh crore above in the last session. That means the market cap of the market also remained flat.
4169 shares were traded on BSE in which 1802 shares closed with gains and 2257 shares closed with losses. There was no change in the prices of 110 stocks. In today's trading, FMCG stocks ITC closed with gains of 2.27 percent, HUL 1.55 percent, Nestle 1.28 percent. Apart from this, HCL Tech closed with gains of 0.92 percent, Tata Motors 0.87 percent, Infosys 0.72 percent, reliance 0.69 percent, Tech mahindra 0.40 percent, Bharti airtel closed with gains of 0.34 percent. Among the declining stocks, Titan closed with losses of 3.54 percent, adani Ports 1.65 percent, Tata Steel 1.30 percent, Asian Paints 1.31 percent.
Sectoral update
In today's trading, a big rise was seen in the shares of FMCG sector. Apart from this, shares of IT, Energy, Infra, and oil and Gas sector rose. Whereas banking, auto, consumer durables, healthcare, metals stocks closed with a fall. There was profit booking in midcap and smallcap shares today, due to which Nifty Midcap Index and Smallcap Index closed with a fall. Out of 30 shares of Sensex, 15 closed with a rise and 15 with a fall.

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