On Thursday, there was a huge fall in the stock market. Where the benchmark Sensex on the BSE closed at 59,984, down 1.9 per cent or 1158 points on Thursday. On the NSE, Nifty fell 1.94 per cent or 353 points to close at 17,857. However, this is the biggest single day fall in the Sensex since April 30, 2021. Among the sectors that fell in the BSE Sensex were the realty sector with a fall of 3.75 per cent and the banking sector with a fall of 3.36 per cent. Profit booking increased for the second day in a row, which saw selling across sectors.
lowest level in 20 years
The market opened with a fall on Thursday, and the pressure increased as the day progressed. At the end of trading, Nifty closed 353 points lower at 17,857. It is being said that on Thursday, the Sensex has been at the lowest level in 20 years. It is worth noting that before today, on April 12, 6 months ago, the Sensex had fallen by 1700 points. Many investors have suffered huge losses due to Thursday’s fall. Only today’s fall has caused a huge loss of 4.80 crores to the stock market. Adani Port suffered the most. Whose shares fell 8 percent. On the other hand, ITC shares fell 5.60 per cent.
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Sporadic profit to some companies
Only 6 out of 30 Sensex stocks closed in the green. While six companies of Nifty were bullish, 44 closed in the red mark. The sell-off pushed the Nifty below 17,800 and the Sensex down over 1,300 points. The top gainer among stocks was IndusInd Bank, which rose 2.94 per cent to Rs 1,175.45 per share, followed by Larsen & Toubro, which gained 1.92 per cent to Rs 1,817 per share. UltraTech Cement, Asian Paints and Maruti Suzuki also did decent business.
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