Once again huge fluctuations have been seen in the Indian stock market. On Tuesday, the second trading day of the week, Sensex-Nifty started trading in seven green zones with a sharp rise, but after half a day of trading, it suddenly fell from the initial rise to the red mark and could not recover until the market closed. After the market close, BSE Sensex closed down 105 points, while NSE Nifty closed down 27 points.
Sensex-Nifty fell after a good start
On Tuesday, the bullish trend in the stock market suddenly stopped. After the record rise on Friday and Monday, Sensex-Nifty got off to a good start on Tuesday, but both the indices closed lower. Firstly let’s talk about the 30-share Bombay Stock Exchange Sensex, it opened at the level of 80,415 with an increase of more than 300 points compared to its previous close, but finally closed at 80,004.06 with a fall of 105.79 points . .
Talking about NSE Nifty, it started trading at a level of 24,343.30 with a rise from its previous close of 24,221, but when the market closed, this rise turned into a fall as the Sensex and Nifty fell by 27, 40 points to 24,194.50. .Stopped at the level.
Selling effect seen again in the market
The effect of the continued sales on the market was again visible and great excitement ensued. Meanwhile, if we talk about the stocks that fell the most on Tuesday, shares of billionaire Gautam Adani’s Adani Port, listed under BSE Large Caps, fell 3.23 per cent to Rs 1,128.80. Apart from this, Ultratech Cement Share fell 3.07 per cent and closed at Rs 11105, while SunPharma Share fell 2.48 per cent and closed at Rs 1759.95.
Among midcaps, EMAMI Ltd Share fell 4.79% to Rs 659.85, TorntPower Share down 4.29%, Gillett Share down 4.13% and among small caps, Polymed Share down 7, 58%, Centum Share 7.44%, Fortis Share 5.16% and JSWHL. Share at 5%.
These stocks continued to perform despite the market decline.
After the stocks that fell the most, let us tell you that despite the market fall, there was a sharp rise in the stocks of some companies. Among them, TTML Share (17.50%), NIIT Ltd Share (12.29%) and Jindal Poly Share (9.23%) led the small cap. Apart from this, in mid-cap stocks, shares of PEL (8.08%), NIACL (4.96%), YES Bank (4.89%) and Biocon (4.59%) rose. Among large-cap companies on BSE, Asian Paints Share rose 1.79 per cent to Rs 2,504.70. Additionally, slight rises were also recorded in the shares of Reliance, TCS, Tata Steel, JSW Steel, Titan and Tech Mahidra.
(Note: Before making any kind of investment in the stock market, definitely consult your market experts.)
