Stock market closed with a decline before the budget...
Stock market closed with a decline before the budget...The trading session ended with a small dip on the indian stock market ahead of the budget's presentation on July 23. Nonetheless, today's trade saw significant purchasing in small- and mid-cap companies. Prior to the budget, auto stocks were also purchased. The BSE Sensex finished the day's trading at 80,502 points, down 102.57 points, and the Nifty finished at 24,509.25 points, down 21.65 points.Increasing and decreasing sharesNTPC completed the day's trading up 2.58%, followed by UltraTech Cement at 2.34%, hdfc bank at 2.15%, Tata Steel at 1.87%, mahindra & mahindra at 1.87%, Power Grid at 1.76%, Tata Motors at 1.42%, sun Pharma at 1.01%, L&T at 0.90%, maruti Suzuki at 0.89%, and Infosys at 0.87%. reliance ended the day down 3.46%, mahindra BANK' target='_blank' title='kotak mahindra bank-Latest Updates, Photos, Videos are a click away, CLICK NOW">kotak mahindra bank down 3.30%, ITC down 1.75%, and sbi down 1.21% among the declining shares.sector-specific reportAuto, pharmaceutical, metals, infrastructure, consumer durables, healthcare, and banking sector stocks all closed higher in today's trading. While the FMCG, IT, energy, media, real estate, and oil and gas companies closed lower. Strong buying was observed in midcap and smallcap equities throughout today's trade. The Nifty midcap index increased 1.24 percent to settle at 56,604 points. The smallcap index, meanwhile, concluded with a 0.96 percent increase. Thirteen Sensex equities ended the day higher than when they started, with fourteen closing lower.Growth in the wealth of investorsInvestors' wealth has grown in today's trade because of the surge in midcap and smallcap companies. Following the finish of the previous trading session at Rs 446.38 lakh crore, the market capitalization of equities listed on the BSE ended at Rs 448.38 lakh crore. That means, investor wealth has decreased by Rs 2 lakh crore during today's trading session.