On Friday, June 28, the Indian stock market closed in the red zone at the end of trading. The market was trading in the red zone in the morning. After the day's trading, the Sensex closed down 210 points at 79,032. At the same time, the Nifty also closed down 33 points at 24,010. Out of the 30 Sensex stocks, 19 fell and 11 rose.
The market made an all-time high yesterday
Earlier yesterday, on June 27, the stock market reached an all-time high for the third consecutive day. The Sensex closed at 79,243, up 568 points. Nifty also rose 175 points. It closed at 24,044. Earlier during trading, the Sensex had reached an all-time high of 79,396 and the Nifty had reached an all-time high of 24,087. The stock market also reached its highest level on June 25 and 26. Out of the 30 Sensex stocks, 22 rose and 8 fell.
Big jump in market cap
The market capitalisation has increased despite the stock market closing with a decline. The market cap of stocks listed on the BSE closed at Rs. 439.26 lakh crore compared to Rs. 438.41 lakh crore. The market valuation has seen an increase of Rs. 85,000 crore in today's session ,
The US market saw a slight increase on Thursday
On Thursday, the US market saw a slight increase. The Dow Jones closed 36.26 points higher at 39,164.06. Meanwhile, the S&P 500 closed 4.97 points higher at 5,482.87 and the Nasdaq closed 53.53 points higher at 17,858.68.