Indian Stock Market Down: India’s stock market has seen a lot of decline, since the last few days this decline has been going on for six consecutive days, the stock market has closed with a decline. weekend. On the fifth day, the stock market witnessed a steep decline. The Nifty-50 closed at 73,885.60 with a decline of 216 points or 0.95 per cent, while the Sensex closed at 73,885.60 with a decline of 617 points or 0.83 per cent. Due to this decline, many investors lost crores in a single day.
The following stocks have seen declines today.
- Tata Steel
- Power grid
- Titan
- Bajaj Finserv
- Nestlé
- JSW Steel
- Bajaj Finance
- Ultratech
- Wipro
- Mahindra & Mahindra
- Maruti
- TCS
- ITC
- Reliance
- Tata Motors
A reduction in these 30 shares
Shares of Infosys, TCS, JSW, Maruti, ITC and HCL, Mahindra & Mahindra and NTPC declined.
The following banking stocks have seen gains
- ICICI Bank
- HDFC Bank
- Bharti Airtel
- Kotak Bank
- State Bank
- Axis Bank
- IndusInd Bank
- Asian Paints
At what level did the market close today?
The BSE Sensex was down 617.30 points, or 0.83 per cent, at 73,885 at the close. While NSE’s Nifty closed down 216 points or 0.95 percent at 22,488. Metal stocks fell over 3 percent and IT stocks closed down 2.19 percent. Nifty’s healthcare index closed down 1.85 percent and pharma index closed down 1.81 percent. Indian stock market down beacause of influation of U.S. Stock market.
BSE’s Indian Stock Market Down
The market capitalization of BSE which this week is Rs. 421 lakh crore was done. Which reduced to Rs. 411.21 lakh crore has happened. If you look at it this way, there has been a decline of more than 10 lakh crore rupees within a single week.
About 3920 stocks were traded on BSE, out of which 1314 stocks closed higher while 2648 stocks closed sharply lower. Upper circuit was held on 218 shares. While 306 shares were closed with lower circuit.
Tata Steel saw a steep decline
Tata Steel was the top Sensex loser by 5.74 percent and Titan also fell by 3.17 percent. Tech Mahindra closed down 3.15 percent and Wipro 3.09 percent. Bajaj Finserv closed down 2.91 percent and Bajaj Finance closed down 2.86 percent.
7 shares closed with a jump
In the BSE Sensex, only 6 out of 30 stocks closed higher while 25 stocks closed lower. Axis Bank rose 1 percent. While ICICI Bank increased by 1.14 percent. Shares of Kotak Mahindra Bank, SBI, HDFC Bank, L&T and Bharti Airtel rose.
Only 10 Nifty stocks rose
At the time of trending close, only 10 out of 50 Nifty stocks closed with gains and around 40 stocks saw steep declines. Indian Stock Market Down In which Tata Steel was the top loser and ICICI Bank was the top gainer. Trading in 703 stocks closed with gains and 98 stocks closed unchanged.
Conclusion
Indian stock market down has seen significant declines for six consecutive days, closing today with the BSE Sensex down 617.30 points (0.83%) at 73,885 and the NSE Nifty down 216 points (0.95%) at 22,488. This drop has resulted in a market capitalization loss of over Rs. 10 lakh crore in a week. Metal and IT stocks led the decline, while some banking stocks like ICICI Bank and Axis Bank gained. The downturn is largely due to inflationary pressures from the U.S. stock market, affecting investor sentiment. Overall, the market remains volatile and challenging for investors.
