Stock Market Closing Sensex Down 408 Pts Nifty Close Under 16600 Banking Sector Down

Stock Market Update: The market has seen a decline after...

Stock Market Update: The market has seen a decline after one day’s spectacular rally. After today’s trading, both the Sensex and Nifty indices have closed in the red mark. After giving business today, there has been a big decline in the banking, pharma and healthcare sectors.

Sensex-Nifty fall
On the second trading day of the week, the Sensex closed at the level of 55,517.38, down 408.36 points or 0.73 percent. Apart from this, the Nifty index slipped 81.25 points, or 0.49 percent, to close at the level of 16,580.15.

13 shares closed in red
Out of the top-30 stocks of Sensex, 13 stocks have closed in the red mark. At the same time, 17 shares have closed in the green mark. Today Kotak Bank has seen the biggest decline. Apart from this, selling has dominated the shares of HDFC, Sun Pharma, Reliance, Infosys, SBI, Axis Bank, HDFC Bank, LT, Indusind Bank, Bajaj Finance, Dr Reddy, TCS.

Which stocks were sold?
Apart from this, NTPC has topped the list of shares closing in the green mark. Apart from this, M&M, Power Grid, Tech Mahindra, Titan, ITC, Tata Steel, Bharti Airtel, Wipro, Asian Paints, Maruti, Ultrachemical, Nestle India, HCL Tech, HUL, ICICI Bank and Bajaj Finserv have also fallen.

Which sectors declined?
Talking about the sectoral index, today it has been a mixed business. After today’s trading, Nifty Bank, Financial Services, IT, Pharma, PSU Bank, Private Bank, Healthcare, Consumer Durable and Oil and Gas sectors have closed in the red mark.

In which sectors were you buying?
Apart from this, there has been buying in Nifty Auto, FMCG, Media, Metal and Realty sectors in the bullish sectors today.

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