Stock market rallied due to profit booking in banking stocks, Sensex closed with a fall of 700 points

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Stock Market Closing On 5th May 2023: The last trading day of the week has been extremely disappointing for the Indian stock market. Due to selling of banking stocks and profit booking in the market, the stock market has closed with a heavy fall. At the end of today’s trading, the BSE Sensex fell by about 700 points to 61,054 points, while the National Stock Exchange’s Nifty closed at 18,069 points, down by 187 points.

condition of the sector

In today’s trade, Bank Nifty closed down by 2.34 per cent or 1025 points. Due to Bank Nifty, this selling has been seen in the market. Apart from this, stocks of IT, Pharma, Metals, Media, Energy, Healthcare and Oil and Gas sectors closed down. While the shares of consumer durables, FMCG and auto sector have seen a boom. There was profit booking in midcap and smallcap stocks as well. Out of 30 shares of Sensex, 10 shares have closed with gains while 20 shares have closed with decline while 20 shares have closed with gains in 50 shares of Nifty and 30 shares have closed with decline.














index name closure level high level low levels percentage change
BSE Midcap 25,851.86 26,045.62 25,825.30 -0.50%
BSE Sensex 61,054.29 61,585.50 61,002.17 -1.13%
BSE Small Cap 29,283.87 29,506.86 29,250.28 -0.39%
India VIX 12.30 12.38 11.53 4.79%
NIFTY Midcap 100 32,148.85 32,455.25 32,110.50 -0.70%
NIFTY Smallcap 100 9,729.75 9,833.10 9,717.80 -0.82%
nifty smallcap 50 4,439.55 4,487.10 4,427.55 -0.87%
Nifty 100 17,939.25 18,076.70 17,925.55 -0.89%
Nifty 200 9,434.05 9,506.90 9,426.40 -0.86%
Nifty 50 18,069.00 18,216.95 18,055.45 -1.02%

bullish stocks

In today’s trade, Titan closed with a gain of 2.46 per cent, Maruti Suzuki 1.43 per cent, Nestle 1.36 per cent, ITC 1.02 per cent, Asian Paints 0.98 per cent. On the other hand, HDFC Bank closed with a decline of 5.90 per cent, HDFC 5.63 per cent.

paisa reels

decline in investor wealth

In today’s business, due to the fall in the stock market, there has been a dent in the wealth of the investors. The market cap of companies listed on BSE has been Rs 273.76 lakh crore, which was Rs 275.16 lakh crore on Thursday. That is, there has been a decline of Rs 1.40 lakh crore in the wealth of investors in today’s trade.

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