Sunday , December 29 2024

Stock market fell for the second consecutive day, Sensex and Nifty fell.

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New Delhi, 31 October (Hindustan Reporter). The domestic stock market closed today after falling for the second consecutive day. Today's trading started with a slight gain but the bears maintained pressure for most of the time from market opening till the end. Although from time to time buyers tried to support the market by creating buying pressure, the selling pressure was so high that the decline in the stock market could not be controlled. After the whole day's trading, Sensex closed with a weakness of 0.69 percent and Nifty closed with a weakness of 0.56 percent.

Today, during the day's trading, there was maximum selling in shares of IT, banking and FMCG sectors. Similarly, Automobile, PSE, Consumer Durable, Oil & Gas, Tech and Realty indices also closed with a decline. On the other hand, buying continued in shares of pharmaceutical, infrastructure, metal and capital goods sectors. There was mixed trading in the broad market today. Due to selling pressure, BSE Midcap index closed with a decline of 0.34 percent. On the other hand, Smallcap index ended today's trading with a gain of 1.62 percent.

There was active trading in 2,501 shares in NSE today in the day's trading. Of these, 1,615 shares closed in the green after earning profit and 886 shares closed in the red after incurring a loss. Similarly, out of 30 shares included in Sensex, 4 shares closed with gains and 26 shares closed with decline. Whereas out of 50 shares included in Nifty, 13 shares closed in green mark and 37 shares closed in red mark.

BSE Sensex opened today at 80,044.95 points with a gain of 102.77 points. After facing ups and downs in the initial trading, there was complete selling pressure on the market around 10 am, due to which the index kept falling continuously. Due to continuous selling, this index fell by 654.25 points to 79,287.93 points shortly before the end of today's trading. However, in the end, with the support of buying due to intra-day settlement, the Sensex recovered about 100 points from the lower level and closed at 79,389.06 points with a fall of 553.12 points.

Like Sensex, NSE's Nifty started trading today with a slight rise of 9 points at the level of 24,349.85 points. After the market opened, with the support of buying, this index jumped to 24,372.45 points, but after this, due to selling pressure, this index lost its lead and dived into the red. Due to continuous selling, shortly before the end of today's trading, this index fell by about 200 points from the upper level and reached 24,172.60 points with a weakness of 168.25 points. However, in the end, with the support of minor buying in the market, this index recovered by about 33 points from the lower level and closed at the level of 24,205.35 points with a fall of 135.50 points.

After the entire day's trading, among the big stocks of the stock market, Cipla with a gain of 9.41 percent, Larsen & Toubro by 6.28 percent, Dr. Reddy's Laboratories by 1.95 percent, ONGC by 1.72 percent and Hero MotoCorp by 1.63 percent are included in the list of today's top 5 gainers. Happened. On the other hand, Tech Mahindra fell by 4.53 per cent, HCL Technology by 3.96 per cent, TCS by 2.84 per cent, Infosys by 2.49 per cent and Wipro by 2.38 per cent joined the list of today's top 5 losers.