Share Market Closing Bell: Indian stock market had a weak start on the day of monthly expiry. However, after this there was a period of ups and downs in the market. Then after 1 o’clock, Sensex and Nifty were seen in a mood of tremendous recovery. Buying was seen again in midcap and small cap. Banking stocks remained in focus throughout the day. On one hand, due to the strictness of the Reserve Bank, the shares of Kotak Mahindra Bank fell by 10 percent. On the other hand, due to the better results of Nestle, the stock saw a rise. Till the closing bell, Sensex rose by 0.66 percent or 486.50 points and closed at 74,339.44. Whereas, Nifty jumped 0.70 percent or 156.10 points at 22,558.50. Stocks of 3930 companies were traded in the market today. In this, stocks of 1681 companies closed trading in loss. Whereas, green mark was seen in the stocks of 2107 companies. No change was seen in the share prices of 142 companies.
how was the morning market
BSE’s 30-share index Sensex had fallen 296.79 points to 73,556.15 points. NSE Nifty slipped 97.15 points to 22,305.25. Sensex-listed shares fell by over 12 per cent after the Reserve Bank of India (RBI) imposed an immediate ban on Kotak Mahindra Bank from adding new customers through online and mobile banking and issuing credit cards over repeated non-compliance of IT norms. There was more decline. In Asian markets, Japan’s Nikkei 225 and South Korea’s Kospi remained in profit, while Hong Kong’s Hang Seng and China’s Shanghai Composite remained in loss. American markets closed mainly with mixed sentiment on Wednesday.