Tuesday , December 24 2024

Stock market closed in red, Sensex down 200 points

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On the first day of the trading week, the stock market opened in the red, while at 3.30 pm the stock market closed in the red. Sensex fell 200 points to close at 81,508 points and Nifty fell 58.80 points to close at 24,619 points.

Indian equity markets struggled to find gains on Monday, December 9, as FMCG and heavyweight stocks like Reliance Industries dragged down the benchmark indices for the second consecutive session. While banking stocks, especially HDFC Bank and IT pack stocks, provided some support to the market, it was insufficient to lift the index.

The market closed in the red

Nifty 50 fell 0.31% to close at 24,619, while Sensex fell 0.23% to 81,508. However, mid-cap and small-cap stocks continued their winning streak. Nifty Midcap 100 rose 0.51% to 59,002, marking its seventh session of gains. Similarly, Nifty Smallcap 100 extended its rally for the 12th session, rising 0.19% to 19,528.

decline of more than 100 points

The 30-share Sensex of BSE opened today falling more than 100 points at 81,602.58. During trading it kept swinging between the green and red marks. However, the Sensex remained largely in decline in the second half. The Sensex finally closed at 81,508.46, down 200.66 points or 0.25%.