Categories: BusinessNews

Share Market: Indian stock market suffers profit booking, Sensex falls by 523 points, Nifty also falls.

Share Market Closing Bell: On the first trading day of the week, the Indian stock market became a victim of profit booking.

  • By the time the market closed, the Sensex closed at 71,072.49 with a decline of 0.73 percent or 523 points.

  • Whereas, Nifty fell by 0.76 percent or 166.45 points and closed at 21,616.05.

  • Healthcare and IT indices saw a rise of about 0.5 percent.

  • FMCG, PSU banks, capital goods, metals, oil and gas, power and realty saw big declines of 1-3 per cent each.

sensex

How was the condition of Sensex and Nifty?

Shares of Coal India, Hero MotoCorp, BPCL, ONGC and NTPC were included in the category of top losers on Nifty. Whereas, shares of Dr Reddy’s Laboratories, Apollo Hospitals, Wipro, Divis Labs and HCL Technologies were among the top gainers. 9 out of 30 stocks on Sensex closed with green mark. Whereas, shares of 21 companies closed with red mark. Wipro joins top gainers on Sensex.

how was the morning market

There were ups and downs in early trading in domestic markets, mainly due to mixed trends in global markets. Starting on a positive note, the 30-share BSE Sensex rose 52.48 points or 0.07 per cent to 71,647.97 in early trade. However, it soon lost its early gains and fell 147.85 points or 0.21 percent to 71,447.64. Similarly, Nifty initially rose by 30.70 points or 0.14 percent to 21,813.20 points. Later it fell 44.60 points or 0.20 percent to 21,737.90. Among Sensex companies, shares of Wipro, HCL, Tech Mahindra and Infosys were the biggest gainers, while shares of Power Grid, Hindustan Unilever, Reliance, Bharti Airtel and ICICI Bank suffered losses. In other Asian markets, Japan’s Nikkei and China’s Shanghai Composite were in gain, while Hong Kong’s Hang Seng was in loss.

Mayank

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