Investors booking profits, the market fell on the second day as well, Nifty descended from 18500 points

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Share Market Closing on 1st June: The Indian market saw a decline for the second consecutive day on Thursday amid mixed signals from the global markets. The domestic stock market has been witnessing profit-booking for two days, due to which both the major domestic indices BSE Sensex and NSE Nifty declined after the end of today’s trading.

Sensex fell so much

After the end of trading, the 30-share BSE Sensex closed at 62,428.54 points, down 193.70 points, or 0.31 percent. It started trading today with a slight rise at 62,736.47 points, but fell victim to a decline within a few minutes. At one point during the trading, the Sensex had fallen to 62,359 points. Earlier on Tuesday, the Sensex closed at 62,969.13 points with an increase.

Earlier on Wednesday, the Sensex fell nearly 350 points to close at 62,622 points. Earlier, the domestic market was seeing a boom for four consecutive days. On Tuesday, the Sensex had succeeded in reaching near 62,970 points, which was its highest level in the last five months.

So much damage to Nifty

Similarly, the Nifty of the National Stock Exchange also closed near 18,485 points with a decline of about 50 points i.e. 0.25 per cent. The Nifty fell nearly 100 points to close at 18,523 on Wednesday. It had crossed the psychological level of 18,500 points on Tuesday itself, but came down again within 2 days.

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These big stocks fell

In today’s business, 13 out of 30 Sensex companies suffered losses, while the shares of 17 companies closed strong. Bharti Airtel declined the most by around 3.65 per cent. Kotak Mahindra Bank’s stock also lost more than 3 per cent. ICICI Bank and ITC suffered more than 1 per cent loss each. On the other hand, stocks like Tata Motors, Asian Paints, Hindustan Unilever and Sun Pharma gained more than 1 per cent each.

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