Stock Market Closed: The stock market closed with a decline due to selling by investors.

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Stock Market Closing, 24 ^th May, 2023: The third trading day of the week was disappointing for the Indian stock market. The stock market closed with losses today due to selling by investors. Investors’ wealth decreased by Rs 279.54 lakh crore. Which was 279.78 lakh crore yesterday.

How was the stock market today?

Today the Sensex closed down by 208.01 points at 61773.78 points and the Nifty closed down by 62.6 points at 18285.40 points. The Sensex had climbed 18.11 points on Tuesday. The Indian stock market index Sensex rose 234 points and Nifty 100.55 points on the first trading day of the week.

sector status

 

In today’s business, there has been a decline in the shares of the banking sector. Bank Nifty closed with losses. Apart from this, there has been a decline in the shares of metal, infra, commodity sector. While the shares of IT, Auto, FMCG, Energy, Pharma, Consumer Durables, Healthcare sectors have seen a boom. Midcap and Smallcap indices closed with gains.

 

increased – decreased shares

In today’s business, Sun Pharma closed with a gain of 1.96 per cent, ITC 1.07 per cent, IndusInd Bank 1.13 per cent, Titan Company 1.05 per cent, Power Grid 0.88 per cent, Maruti Suzuki 0.77 per cent. On the other hand, Tata Motors closed down by 1.49 per cent, HDFC Bank by 1.33 per cent, HDFC by 1.23 per cent, Bajaj Finserv by 0.73 per cent.

reduction in investor wealth

In today’s trading session, investors were very upset due to the fall in the market. The market cap of companies listed on BSE fell to Rs 100. 279.55 lakh crore, which was Rs. 279.78 lakh crores. That is, the investor’s wealth in today’s business is Rs.100. 23000 crores has been reduced.

How did today start?

This morning the Sensex was down 238.71 points or 0.39% at 61,743.08 and the Nifty was down 69.70 points or 0.38% at 18,278.30. Around 875 scrips advanced, 1017 scrips declined and 97 scrips remained unchanged. On the Nifty, Adani Enterprises, Power Grid Corp, Britannia Industries, Sun Pharma and Kotak Mahindra Bank were the top gainers, while Adani Ports, Hindalco Industries, Grasim Industries, Wipro and M&M were the top losers.