The stock market closed in the red on Thursday. The impact of the earthquake on the shares of billionaire Gautam Adani’s companies was visible in the market throughout the trading day. Due to this, the 30-share Sensex of the Bombay Stock Exchange closed with a fall of 422 points, while the Nifty of the National Stock Exchange also closed with a fall of 171 points. Amid the market crash, shares of nine companies listed on the Gautam Adani stock market closed in the red.
Sensex 422, Nifty fell 168 points
On Thursday, the fourth trading day of the week, BSE Sensex opened at 77,711.11 level and fell to 76,802.73 level. However, when the market closed, the pace of the market’s decline slowed a bit. Despite this, the BSE index fell by 422.59 points and closed at the level of 77,155.79. A similar situation was also seen in NSE Nifty, after trading with declines throughout the day, this index closed at the level of 23,349.90 with a drop of 168.60 points. Nifty had fallen to 23,263 during the trading day.
9 out of 10 Adani shares are red
Due to the big stock market crash on Thursday, 20 of the 30 stocks on BSE closed in the red. The biggest fall was in shares of billionaire Gautam Adani’s companies and among the Adani Group shares listed in the market, all nine stocks, except NDTV, closed lower. With this, Adani Group’s market capitalization decreased by more than Rs 2 lakh crore in one go.
Company name Stock price drop Stock price
Adani Enterprises 22.61% Rs 2,182.55
Adani Energy Solutions 20.00% Rs 697.70
Adani Green Energy 18.80% Rs 1,146.40
Adani Ports 13.23% Rs 1,119.05
Ambuja Cement 12.66% Rs 480.00
Adani Total Gas 10.38% Rs 602.00
Adani Bilmar 10.00% Rs 294.90
Adani Power 9.15% Rs 476.15
ACC Cement 7.29% Rs 2025.80
There was also a big drop in these stocks.
Apart from Gautam Adani’s companies, if we talk about the stocks that fell due to the stock market crash on Thursday, the BSE large cap included SBI Life Share (2.97%), NTPC Share (2.73%). , SBI Share (2.64%), ONGC share (2.30%), ITC share (2.18%), Asian Paints share (2.17%), Bajaj Finance (2.08 %) fell. At the same time, shares of Coal India, BPCL, Bajaj Finserv, Eicher Motors, Reliance, Tata Motors, Titan and BEL also closed in the red with a fall of over 1 per cent.
On Tuesday there was a rise in the market
On the last trading day on Tuesday, the stock market closed at the green mark with a rise, recovering from several days of decline. There was a holiday in the stock market on Wednesday due to voting for the assembly elections in Mumbai. On Tuesday, November 19, BSE Sensex closed at 77,578 with a rise of 240 points, while NSE Nifty rose 65 points to close at 23,518.
(Note: Before making any type of investment in the stock market, definitely consult your market experts.)
