Stock market closed with decline due to profit booking...
Stock market closed with decline due to profit booking...The trading session of Wednesday, July 10, 2024 has been disappointing for the indian stock market and its investors. After opening at a record high in the morning, there was heavy profit booking in the market, after which the market fell down. A big decline has been seen in banking, auto and IT stocks. Due to selling in midcap and smallcap stocks, the index of both the sectors saw a huge decline at one time. Although the market tried to recover from the lower level, despite this, the BSE Sensex has suffered a setback of 440 points and slipped below 80,000 and closed at 79,924. While the National Stock Exchange's Nifty closed at 24,313 points with a decline of 120 points.Rising and falling stocksMahindra & Mahindra's stock has contributed a lot in bringing down the market and closed with a fall of 6.69 percent. Tata Steel closed with a fall of 2.07 percent, tcs 1.85 percent, HCL Tech 1.58 percent, sbi 1.27 percent, Tata Motors 1.02 percent, Infosys 0.78 percent. Among the rising stocks, Asian Paints closed with a rise of 3.20 percent, NTPC 1.33 percent, Power Grid 1.29 percent, adani Ports 0.71 percent, Bharti airtel 0.68 percent, Sun Pharma 0.53 percent.Market capitalization slippedDue to the fall in the stock market, the market capitalization of the market has seen a fall. The market cap of stocks listed on BSE closed at Rs 450.06 lakh crore, which was Rs 451.27 lakh crore in the last session. Investors have suffered a loss of Rs 1.21 lakh crore in today's session.