Stock Market Closing On 24th January 2023: Today was a very volatile day for the Indian stock market. Due to global signals, the Indian market opened with a boom in the morning. But the market lost its gains due to return of profit booking. At the end of today’s trading, the BSE Sensex closed at 60,978 points with a slight gain of 37 points, while the National Stock Exchange’s Nifty closed at 18,104 points with a decline of 14 points.
In today’s trading session, sectors like Auto, IT, FMCG, Financial Services, Media, Consumer Durables gained momentum. While the shares of sectors like banking, metals, energy declined. Profit-booking has also been seen in mid-cap and small-cap stocks. Of the 50 Nifty stocks, 19 closed with gains while 31 closed with losses. Whereas, out of 30 Sensex stocks, 16 closed with gains while 14 closed with losses.
|index name||closure level||high level||low levels||percentage change|
|NIFTY Midcap 100||31,151.85||31,370.25||31,107.70||-0.39%|
|NIFTY Smallcap 100||9,531.10||9,606.10||9,516.15||-0.37%|
|nifty smallcap 50||4,302.60||4,331.45||4,296.10||-0.20%|
In today’s trading session Tata Motors 3.34%, Maruti Suzuki 3.27%, HCL Tech 1.37%, HDFC Bank 1.17%, Asian Paints 1.04%, HDFC 1.04%, IndusInd Bank 0.66%, TCS 0.56%, Tech Mahindra 0.54%, ITC 0.44 Per cent, Bharti Airtel closed with a gain of 0.36 per cent, Titan 0.25 per cent.
If we look at the falling stocks, Axis Bank 2.50%, Power Grid 1.76%, Tata Steel 1.31%, Kotak Mahindra 1.30%, Larsen 1.18%, SBI 1.06%, Sun Pharma 0.84%, Ultratech Cement 0.61%, Reliance 0.59%. closed with.
Rise in investor wealth
In today’s business, the market cap of companies listed on BSE has come down to Rs 280.37 lakh crore, which was Rs 280.81 lakh crore on Monday. There has been a decline of Rs 44000 crore in the wealth of investors.
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