After a spectacular rise in early trading, the stock market was in recovery mode, but now the decline has become dominant again. Sensex fell 166.33 points and closed at 78,593, while Nifty fell 63 points and closed at 23,992 level. During the day’s trading, Sensex rose by 1100 points and was trading above 79700, while Nifty rose by 300 points. Apart from this, there was an increase of Rs 7 lakh crore in BSE market cap. However, now there has been a big decline in the market.
The Sensex opened at 78,981.97 on Tuesday morning and the day’s high was 79,852.08 points. Bank Nifty has fallen by 270 points. In such a situation, there has been a huge decline in the stock market from its high level of the day. Sensex has fallen by more than 1200 points from the day’s high, while Nifty has fallen by more than 300 points.
1,511 shares fell
Out of BSE top 30 shares, 19 shares closed in the red, while 11 shares were traded in the green zone. The biggest rise has been in JSW Steel shares of 3 percent. Out of 2,767 stocks of NSE, 1,165 stocks are on the rise and 1,511 stocks are trading on the decline. 70 shares are at 52 weeks high level and 36 shares are at 52 weeks low level.
These 10 stocks dominated the decline
Marico shares fell 5.57 percent to Rs 634 due to Bangladesh crisis. Adani Green Solution shares are down 3.24 percent at Rs 1,121. Shares of Power Fin Cop were down 3.30 percent at Rs 481. Apart from this, LIC Housing Finance declined by 4 percent, Indian Bank by 3 percent, BSE by 2.65 percent, Cochin Shipyard by 5 percent, Mangalore Refinery by 3 percent, JMB Auto by 2.89 percent and NLC India by 2.94 percent.
Selling in these sectors
Except FMCG, realty, IT, metal and media, the decline has been dominated by healthcare, auto and financial services sectors. There has been a decline of up to 1.28 percent in the financial services sector.