Saturday, December 9, 2023

Indian Stock Market Closes In Red Due To Profit Booking In Banking Stocks

Stock Market Closing On 24th May 2023: In the third trading session of the current week, the Indian stock market closed with a decline. The market closed down due to profit booking by investors, especially in banking stocks. At the end of today’s trading, the BSE Sensex closed down by 208 points at 61,773, while the National Stock Exchange’s Nifty closed down by 62 points at 18,285 points.

condition of the sector

In today’s business, there has been a decline in the stocks of the banking sector. Bank Nifty closed with a decline. Bank Nifty has seen a decline of 276 points or 0.63 per cent. Apart from this, there has been a decline in the shares of metals, infra, commodity sector. While the shares of IT, Auto, FMCG, Energy, Pharma, Consumer Durables, Healthcare sectors have seen a rise. The Midcap and Smallcap indices have closed with gains.

index name closure level high level low levels percentage change
BSE Midcap 26,491.57 26,585.18 26,393.42 00:02:01
BSE Sensex 61,801.29 62,154.14 61,708.10 -0.29%
BSE Small Cap 29,933.11 30,059.93 29,827.17 0.10%
India VIX 13.11 13.44 12.41 4.03%
NIFTY Midcap 100 33,031.35 33,136.70 32,865.40 0.21%
NIFTY Smallcap 100 9,949.40 10,002.30 9,908.35 0.01%
nifty smallcap 50 4,483.45 4,506.00 4,470.60 -0.13%
Nifty 100 18,170.00 18,267.80 18,149.30 -0.27%
Nifty 200 9,573.90 9,621.95 9,559.85 -0.21%
Nifty 50 18,285.40 18,392.60 18,262.95 -0.34%

falling stocks

In today’s trade, Sun Pharma closed with a gain of 1.96 per cent, ITC 1.07 per cent, IndusInd Bank 1.13 per cent, Titan Company 1.05 per cent, Power Grid 0.88 per cent, Maruti Suzuki 0.77 per cent. And Tata Motors closed down by 1.49 per cent, HDFC Bank by 1.33 per cent, HDFC by 1.23 per cent, Bajaj Finserv by 0.73 per cent.

decline in investor wealth

In today’s trading session, investors have suffered losses due to the fall in the market. The market cap of companies listed on BSE came down to Rs 279.55 lakh crore, which was Rs 279.78 lakh crore on Tuesday. That is, there has been a decrease of Rs 23000 crore in the wealth of the investors in today’s trade.

read this also

India Inflation: The war against inflation is not over yet, El Nino factor can spoil the game!

Source link



Please enter your comment!
Please enter your name here

Most Popular