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The Indian stock market closed in the red zone today i.e. Wednesday, July 24. The market opened in the red zone in the morning as well. At the end of today's trading, the BSE Sensex closed down 280 points at 80,149 points, while the National Stock Exchange's Nifty closed down 65 points at 24,413 points.
Increase in investor wealth
Despite the decline in Sensex-Nifty, the stock market closed with a gain in market capitalization due to gains in midcap and smallcap stocks. The market capitalization of shares listed on BSE was Rs. 449.75 lakh crore in the previous trading session. 446.80 lakh crore was closed.
The stock market closed with a decline yesterday
Despite the budget yesterday, the Sensex fell 1,278 points to 79,224 during trading. However, there was a recovery later and it closed 73 points down at 80,429.
Meanwhile, during the budget speech, the Nifty also fell by 435 points to 24,074. Before the market closed, it recovered and closed down by 30 points at 24,479. Out of the 50 stocks of Nifty, 20 rose and 29 fell.
