The domestic stock market closed with a decline on Monday, the first trading day of the week. At the end of trading, the benchmark index of the Bombay Stock Exchange (BSE) closed at 81,508.46, down 200.66 points. Similarly, the National Stock Exchange’s Nifty also closed at 24,619.00, down 58.8 points. The Nifty Midcap 100 rose 0.51% to 59,002 today, indicating a rise for the 17th consecutive session. Similarly, the Nifty Smallcap 100 continued its upward trend for the 12th session, rising 0.19% to 19,528.
There was a stir in these stocks.
The benchmark indices fell for the second consecutive session due to heavy losses in FMCG and Reliance Industries stocks. Though HDFC Bank and IT pack gave some support to the market in today’s trade, they were not able to lift the index. L&T, SBI Life Insurance, Kotak Mahindra Bank, HDFC Bank, and Adani Ports were the major gainers on Nifty at the start of today’s trade, while Tata Consumer, HUL, Nestle, Tata Motors, Britannia Industries were seen falling.
These stocks declined
According to Moneycontrol, stocks in the pharma sector like Laurus Lab, Divi’s Lab, and Piramal saw a decline. In today’s trading, pressure was seen on the stocks of auto and pharma sector companies. The mediaa and FMCG index also saw a downward trend. PSU bank stocks were also seen trading with a decline.
The stock of this company is at its highest level in three years
Shares of CarTrade Tech, one of India’s largest online classifieds and auto auction platforms, hit a three-year high of Rs 1,618 on the BSE on Monday. The stock gained 3 ppercentintraday. The stock of the smallcap company was trading at its highest level since September 2021.