Sunday , November 24 2024

Stock market slipped after reaching record high, investors made profit of Rs 1.95 lakh crore

New Delhi, July 4 (HS). The trend of record strength in the domestic stock market continued today as well. However, after reaching the highest peak, the stock market could not maintain its gains due to profit booking. Despite this, the stock market traded in the green mark for most of the day. After the day's buying and selling, the Sensex closed with a gain of 0.08 percent and the Nifty closed with a gain of 0.06 percent.

During the day's trading today, the maximum buying was seen in the IT, health care, realty and automobile sector stocks. On the other hand, there was selling pressure in the media, consumer durables and FMCG sector stocks. There was continuous buying in the broader market today, due to which the BSE midcap index closed with a gain of 0.60 percent. Somehow the smallcap index ended today's trading with a gain of 0.62 percent.

Due to continuous buying of smallcap and midcap shares in the market today, the wealth of stock market investors increased by more than Rs 2 lakh crore. The market capitalization of companies listed on BSE increased to Rs 447.38 lakh crore (provisional) after today's trading. Whereas on the previous trading day i.e. Wednesday, their market capitalization was Rs 445.43 lakh crore. In this way, investors got a profit of about Rs 1.95 lakh crore from today's trading.

There was active trading in 4,021 shares on the BSE during today's trading. Of these, 2,185 shares closed with a gain while 1,742 shares showed a decline, whereas 94 shares closed without any fluctuation. There was active trading in 2,349 shares on the NSE today. Of these, 1,276 shares closed in the green zone after making profits, while 1,073 shares closed in the red zone after incurring losses. Similarly, out of the 30 shares included in the Sensex, 13 shares closed with a gain and 17 shares closed with a decline. While, out of the shares included in the Nifty, 22 shares closed in the green zone and 28 shares closed in the red zone.

The BSE Sensex opened at 80,321.79 points with a gain of 334.99 points, setting a new record of strength today. Due to buying support in the initial trade itself, this index reached its highest peak of 80,392.64 points with a gain of 405.84 points. But after this, the index started declining due to profit booking. Throughout the day, there was a tug of war between buyers and sellers in the stock market, due to which the movement of this index also fluctuated. Under the pressure of selling, this index slipped to 79,986.41 points with a symbolic weakness of 0.39 points for some time. But after this, on getting buying support, this index made its place back in the green mark. After the day-long buying and selling, the Sensex set a new all-time high closing record and ended today's trading at 80,049.67 points with a gain of 62.87 points.

Like the Sensex, NSE's Nifty also started trading at 24,369.95 points today, jumping 83.45 points and setting a new all-time high. In the first hour of trading, this index also managed to reach a new record of 24,401 points with a gain of 114.50 points with the support of buyers. But after this, due to selling pressure in the market, this index could not maintain its gains. Due to selling pressure, this index also reached 24,281 points with a weakness of 5.50 points in the red mark for some time. But after this, due to the pressure exerted by buyers, Nifty closed at 24,302.15 points, setting a new closing record with a strength of 15.65 points.

After the whole day's trading, among the big stocks of the stock market, HCL Technology 2.79 percent, ICICI Bank 2.61 percent, Tata Motors 2.31 percent, Sun Pharmaceuticals 1.56 percent and Infosys 1.43 percent were included in the list of top 5 gainers of today. On the other hand, HDFC Bank 2.35 percent, Bajaj Finance 2.09 percent, Wipro 1.54 percent, Adani Enterprises 1.46 percent and Tech Mahindra 1.40 percent were included in the list of top 5 losers of today.