The ongoing decline in the stock market is not stopping. The mood of the stock market did not change even on the day of Chhoti Diwali and the Sensex crashed as soon as the market opened. The decline in Nifty is also continuing. After opening with a red mark for the second consecutive day, the Sensex fell by more than 300 points. In the early trade, selling is being seen in PSU banks and pharma sector.
stock market situation
The BSE Sensex is trading at 80,057.15 after falling 311.88 points or 0.39 percent. Meanwhile, the NSE Nifty is trading at 24,372.75 after falling 94.10 points or 0.38 percent. There was a rise in the market on Tuesday. At the end of the trading, the market rose on the strength of bank shares. The Sensex closed at 80,369.03, rising 363.99 points or 0.45 percent. The Nifty was at 24,466.85 after rising 127.70 points or 0.52 percent.
However, the market trend remains positive on Wednesday. On the National Stock Exchange (NSE), 1666 stocks are trading in the green, while 586 stocks are trading in the red. Nifty Bank is at 52,890.30 after slipping 430.40 points or 0.82 percent. Nifty Midcap 100 index is trading at 56,460.75 after rising 209.45 points or 0.37 percent. At the same time, Nifty Smallcap 100 index is at 18,355.35 after rising 156.40 points or 0.86 percent.
Maruti, IndusInd Bank, Tata Motors, TCS and ITC were the top gainers in the Sensex pack. Sun Pharma, Bajaj Finserv, Titan, HCL Tech, PowerGrid and Asian Paints were the top losers. Maruti, BEL, IndusInd Bank, Tata Motors and Bajaj Auto were the top gainers in the Nifty pack. Cipla, Dr. Reddy’s, Sun Pharma, Shriram Finance, Bajaj Finserv and Titan were the top losers.