Saturday , November 23 2024

There was selling in the stock market before Diwali, due to which investors suffered a loss of Rs 8.51 lakh crore.

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Stock Market Today: Only a few days are left for the completion of Vikram Samvat 2080. The Indian stock market, which has been giving attractive returns since the beginning of the year, has been declining for the last two weeks. Investors have invested so far this week Rs. There has been a capital loss of Rs 8.51 lakh crore. Whereas in the month of October till now there has been a difference of Rs 25.22 lakh crore in the market. Market experts said that before Diwali, investors were seen booking their profits with a tendency to sell their old goods and buy new goods in the new year.

market situation today

Today Sensex and Nifty started with a decline. Due to selling and profit booking by foreign investors, Sensex fell by 423.42 points till 10.30 am today. Nifty also broke its key psychological level of 24636.75. Which was trading 70 points below at 11 o'clock. BSE market cap Rs. 449.84 lakh crore.

market breadth negative

Till the time of writing the news, out of total 3783 shares traded on BSE, 731 shares are trading in favor of improvement and 2944 shares are in favor of decline. Today 298 shares hit lower circuit. While 101 shares recorded the lowest level of the year. Nine out of 30 stocks in the Sensex pack also improved, while all other 21 stocks were trading up to 2 per cent lower.

Fall in realty shares

Country's top Rs. Hyundai IPO of Rs 27870 crore is listed today at a discount of 1.32 percent. Issue price Rs. 1960 against Rs. Listed in 1934. Retail investors did not give any special reaction on this issue. Realty index fell to 2.51 percent due to decline in sales in the real estate market in the second quarter. Metal, power and oil and gas indices were also trading more than 1 per cent lower.