Stock market closed down on Monday. The Sensex-Nifty made a slow start of the business and the market declined continued till the end. The 30 -share Sensex of Bombay Stock Exchange closed at 83,606.46 level at 83,606.46 when the market was closed. So on the other hand, the National Stock Exchange Nifty slipped 120.75 points to close at 25,517.05. Amidst the day’s trading, other banking shares including Axis Bank, ICICI Bank, Kotak Bank threw a lot.
Sensex was open to 84000
On Monday, both index of the stock market started trading with a very slow pace. The BSE Sensex was opened at the level of 84,027.33 and had jumped up to 84,099.53 in a few minutes, but then it took such an entry in the red zone that continued to do business with a decline until the market was closed. During the business, this index slipped till 84,482.13. Like the Sensex, the NSE’s Nifty index was also opened at 25,661.65 with a slight lead from its previous closed 25,637.80 level, but then it started declining and it was broken by 25,473.30 during the business.
Shares of 1674 companies closed in Rage Zone
Due to this decline in the market amidst mixed global signals, during the closing, there were shares of 1674 companies which ended the trading on the red mark, while the shares of 2288 companies took their closing by taking a sharp or slight lead. At the same time, there was no change in the position of shares of 160 companies. The shares of Tata Consumer, Axis Bank, Kotak Mahindra Bank, Hero MotoCorp, Maruti Suzuki recorded the fastest decline on the Nifty. Realty, FMCG, auto, metal shares also declined on Monday.
These 10 shares broken the most
Talking about the most ruptured stocks amidst the decline in the stock market, the Axis Bank Share (2.11%), Kotak Bank Share (2.03%), Maruti Share (1.95%) and ICICI Bank Share (1.09%) were closed. So at the same time, Glaxo Share (2.15%), NYKAA SHARE (1.17%) slipped in the midcap category. Looking at the smallcap category, Sigachi Industries Share closed with a decline of 11.58%, JB Chemicals Pharma Share 6.64%, Home First Share (6.29%) and Jyoti CNC Share (5.79%).
These shares are also in the broken market
However, despite the decline in the stock market, the shares of many companies also saw a boom. In largecap, Treat Share (3.34%), SBI Share (1.86%), BEL Share (1.63%) closed down. On the other hand, Endurance Share (5.33%), Maha Bank Share (5.02%), NICL Share (4.22%) and IPCA Labs Share (4.09%) were closed in the stocks included in the midcap category.
(Note- Be sure to consult your market experts before any kind of investment in the stock market.)