Stock Market Closes In Red After Falling On Last Day Of This Week Due To Profitbooking

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Stock Market Update: There was a break in the stock market today on the rise of the last three. The Indian stock market has closed with a fall on the last trading day of the week. The Sensex closed with a fall of 191 points at 57,124 points and the Nifty declined by 69 points at 17003 points. Banking sector stocks have been beaten in the market. Small cap and mid cap stocks also saw a decline. Auto sector, pharma, energy, sector shares also registered a fall. However, despite this decline, IT stocks have remained bullish.

rising stocks,

Despite the fall in the market, HCL Tech 3.08%, Tech Mahindra 2.38%, SBI Life Insurance 2.02% Wipro 0.56%, Infosys 0.32% and Asian Paints closed with a gain of 0.52 percent. Reliance Industries, ITC, TCS also saw an increase in the market today and these shares closed in the green.

falling stocks

If we look at the falling stocks, Grasim 2.93 per cent, NTPC 2.65 per cent, IOC 1.69 per cent, Axis Bank 1.66 per cent, Bajaj Finserv 1.54 per cent and Kotak Mahindra closed with a fall of 1.53 per cent.

Cold trade in the market this week

If we look at the movement of the Indian stock market in the last one week, the Sensex has gained only 113 points and the Nifty has gained only 18 points in a week. Last Friday, Sensex 57,011 and Nifty closed at 16985. It is believed that due to Christmas and New Year holidays for the coming two weeks, the market environment may remain cool.

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