Sensex closed by slipping 600 points from upper levels, Nifty closed below 16250 with a fall

Market lost early gains

The Sensex has recorded a fall of 578 points from its upper levels today. At the beginning of trading, the Sensex had seen a maximum gain of 468 points. Today the biggest loss was recorded in the realty sector

stock market todayStock Market Today) has closed in the red mark after volatility, the market’s decline was limited in Wednesday’s trade, although the Sensex has seen a fall of about 600 points from the upper levels. Sensex ,sensex) Today with a fall of 110 points at the level of 54,209 and the Nifty closed at the level of 16240 with a fall of 19 points. In today’s business realty sector and public sector banks (PSU Bank) has been observed under pressure. The major index could have fallen further today, although the market closed with limited losses due to buying in Reliance Industries.

how was today’s business

The stock market had started with gains today and within the first hour the Sensex reached its highest level of 54786 day. At the beginning of trading, the index gained a maximum of 468 points. However, with the initial gains, there was selling pressure on the market and the market reached the red mark. In the second part of the business, the market tried to make a sharp recovery but the sell-off once again dominated and the market closed with a loss. The Sensex has recorded a fall of 578 points from its upper levels today. Uncertainty dominates the stock market and stock-specific trading is being seen. Indices are also getting affected by the volatility in particular stocks. Power Grid recorded the biggest loss in Sensex stocks today, the stock closed today with a fall of 4.55 percent. On the other hand, Tech Mahindra and SBI closed with a loss of more than 2-2 percent. On the other hand, Reliance Industries closed with a gain of 0.3 percent today.

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How did the index perform?

In today’s business, except FMCG, Pharma sector and Healthcare sector, all other sector indices have seen losses. FMCG and pharma sectors have closed by more than 1-1 percent today. At the same time, there has been an increase of more than half a percent in the healthcare sector index. On the other hand, the realty sector closed with a decline of 1.75 percent and the index of public sector banks by 1.57 percent. Along with this, there has been a decline in the banking, auto, financial services sector, IT and metal sector indices.