Big fall on the last trading day of the week, these stocks suffered the most

The national benchmark index experienced a significant fall on the final trading day of the week. Investors have experienced a loss of nearly Rs 4 lakh crore as a result of this decline in the benchmark. The market capitalization of businesses on the BSE has decreased to Rs 277.58 lakh crore.

Related Post – What is Inbound Marketing? 4 Inbound Marketing Strategies That Every Business Should Use

The Sensex has dropped 1020.80 points to a level of 58,098.92 as of Friday’s market closing. It fell by 1.73 percent. The Nifty index, on the other hand, also fell by 302 points. It decreased and ended the day at 17327.35 points. Nifty Media, Nifty Firm, and Nifty Metal all experienced slight rises relative to the industry. The Nifty Bank, Nifty Realty, Nifty Realty, and Nifty Energy index, on the other hand, had a loss of roughly 1%.

These stocks were the biggest losers

Power Grid, Tech Mahindra, HDFC Twins, IndusInd Bank, Axis Bank, Kotak Bank, and NTPC were the greatest declines, while shares of Tata Steel, HUL, Infosys, HCL Tech, Titan, ITC, and Sun Pharma performed well.

Decrease in liquidity

It has been 40 months since banking liquidity decreased. The RBI released Rs 50,000 crore on Thursday under the Variable Rate Repo program to enhance liquidity (VRR). Due to the advanced tax deposit system’s withdrawal of money, an increase in credit demand, and a slowdown in deposit growth, liquidity has decreased.

Shares of Tata Steel rose 2%

Tata Steel’s stock rose by up to 2% during Friday’s trading session. This strength became apparent when word spread that the company’s board had approved the merger of six Tata Group entities with Tata Steel. On Friday, shares of Hero MotoCorp were also observed trading in the negative territory. Explain that starting on September 22, the corporation will be raising the price of their automobiles.

Share Market Today: The upsurge in the stock market continues, the Sensex climbed more than 113 points, and the Nifty also rose

The stock market‘s volatility is still present. The Sensex increased by more than 113 points in early trading as the global stock markets showed a mixed trend. With this, the equity benchmark’s trading on Friday got off to a good start. Early trading saw the 30-share BSE index rise 113.2 points to 60,411.20. NSE Nifty increased 35.7 points at the same time to 17,992.20. However, the benchmark indices for Sensex and Nifty thereafter became erratic.

Related Post – Jaipur Top 10 Restaurants | The 10 Best Restaurants in Jaipur | Best Luxury Dining Restaurants in Jaipur

Mid-afternoon sessions in Asia saw Seoul and Shanghai markets trading down, while Tokyo and Hong Kong markets were trading higher. Let us say that on Thursday, Wall Street’s markets closed higher. The Nifty was up 12.25 points or 0.07 percent at 17,956.50 at the same time as the benchmark BSE index closed at 60,298 with a gain of 37.87 points or 0.06 percent.

Sensex top losers and gainers

The top gainers in the early session on the Sensex pack included Tech Mahindra, Kotak Mahindra Bank, Wipro, Tata Consultancy Services, Larsen & Toubro, and HCL Technologies, Infosys, Titan, Sun Pharma, and UltraTech Cement. IndusInd Bank, Power Grid, ICICI Bank, NTPC, and State Bank of India were among the biggest losers, on the other hand.

Indian stock market continued to rise on Monday, Sensex climbed 450 points to cross 54 thousand, Nifty rose to 16,180

The Indian stock market got off to a solid start on Monday morning, maintaining the momentum it had garnered in the final trading session of the previous week. Since this morning, investors have kept a purchasing trend, which has helped Sensex surpass 54 thousand once more.

Related Post – Benefits of Press Release Distribution – 7 Advantages of a Press Release For Your Business, Brand & People

A gain of 308 points was seen on the Sensex at 54,069 points, while a gain of 102 points was seen on the Nifty at 16,151 points. Investors became pleased after observing the market’s early gains and they kept buying. Due to this, the Sensex opened up 450 points at 54,237 and the Nifty gained 130 points to 16,180 by 9.26 am.

Today all sectors boom

All sectors of business today are trading at a high level. Nifty IT and Metal, however, are currently dominating the market. A 1.7 percent growth is being seen in these industries. In addition, the real estate, pharmaceutical, and PSB sectors are trading at a premium today. In just this morning’s trading, BEL’s stock has increased by 4%, while Oberoi Realty’s stock has increased by 1.6%.

Asian markets also shine

The majority of Asia’s stock markets opened higher this morning and are currently trading in the green. This morning, the Singapore Exchange is up 1.01 percent, while the Taiwanese market is up 0.40 percent. The Cospi market in South Korea is also up 1.11 percent today. However, the Shanghai Composite in China is currently down 0.01 percent.

Share Market News: The market recovered from the initial fall, Nifty crossed 17 thousand

Share Market News: The fear of a third wave of the Corona epidemic has grown in the wake of increasing Omicron incidents. The market fell upside down as soon as it opened on Monday. A one percent loss was seen in both the Sensex and Nifty in early trade.

Related Post – 5 Things to Keep in Mind While Buying a Wedding Lehenga

Both Sensex and Nifty remain near the red marks from the pre-open session. The Omicron pressure dominates the market. After the opening, Sensex was trading around 56,650 points, down one percent. Nifty was also down about one percent below 16,850.

During trading, the market made a comeback to some extent. By 11 o’clock in the afternoon, the Sensex had declined by about 70 points and the Nifty by about 30 points. Tech companies remain bullish, which has curbed the decline in the market to some extent. At 12 o’clock, the market returned to its green mark. The Sensex was up by about 100 points and the Nifty was trading beyond 17,000.

Over the past few years, Omicron cases have increased exponentially around the world. In view of this, many states have one after another returned to the path of restrictions. In many countries, Omicron cases exceed Delta cases. Investor sentiment has been affected as a result. A majority of Asian markets are in decline today.

The Sensex fell 190.97 points (0.33 per cent) to 57,124.31 on Friday, while the NSE Nifty fell 68.85 points (0.40 per cent) to 17,003.75. Last week, the market was bullish on three out of five days. The week started with a big fall on Monday, when many indices dropped by over two percent. There was a bullish phase in the market for three consecutive days after that, but it was controlled on the last day.

Over the weekend in China, the new cases of Covid-19 saw such a rapid increase after 21 months. Chinese city Xian is the new hotspot of Covid. In trading on Monday, Japan’s Nikkei fell 0.20 percent and South Korea’s Kospi declined 0.11 percent. The Shanghai Composite declined up to 0.40 percent during trading. Monday was a holiday for Hang Seng in Hong Kong.

Related Post – Best Site to Buy Instagram Followers in India

Exit mobile version