The stock market started with a decline on the first day of the trading week. Even when the stock market closed at 3.30 pm, the market situation was unstable. Both Sensex and Nifty closed in the red. Sensex fell 384 points to close at 81,709 points and Nifty fell 120 points to close at 24,647 points.
The market closed with a decline
There was pressure in the market on the first day of the trading week and Sensex-Nifty closed with a fall. Buying was seen in midcap, smallcap stocks while realty, pharma, PSU bank indices closed with gains. Nifty Bank recovered from the lower level and closed. Pressure was seen in metal, IT and energy shares.
Which stocks fall and rise?
Titan Company, TCS, Hindalco Industries, Adani Ports and BPCL were the top gainers on the Nifty. Dr. Reddy’s Labs, IndusInd Bank, Bajaj Finance, Power Grid and HDFC Life were the top gainers in Nifty. BSE Midcap and Smallcap indices closed up 0.5 per cent. Realty index closed 3 per cent higher, media index 1.5 per cent higher and PSU bank index 0.5 per cent higher. Whereas IT, Metal, Oil and Gas indices closed with a decline of 0.5-1 percent.