Stock Market Closing: Disappointment prevails in the stock market, the market closed after falling due to profit

Stock Market Closing On 16th September 2022: The last trading day of the week has been very disappointing for the Indian stock market. Due to global reasons and selling of domestic and foreign investors, the market fell flat. Sensex has slipped below 59000. At the end of trading today, the Sensex of the Mumbai Stock Exchange declined by 1093 points to 58,840 and the Nifty of the National Stock Exchange closed down by 345 points at 17,530 points.

Due to heavy selling in Friday’s trading session, shares of all sectors closed in the red mark in the market. Bank Nifty closed down 1.05 percent, Nifty Auto 2.71 percent, Nifty IT 3.71 percent, Nifty FMCG closed down 1.93 percent. Shares of oil and gas sector, consumer durables also saw a decline.