new Delhi. After three consecutive days of record growth in the global market, the stock market is seeing a decline after 12 trading sessions due to sluggishness. Where the Sensex started with a decline of over 100 points. At the same time, the Nifty 50 has managed to stay at 12800 points. Adani Port and Tata Motors shares continue to be bullish. On the other hand, BPCL shares are seeing a decline. Let us tell you that on Tuesday, the stock market crossed the all-time hike, crossing 44 points.
Declining environment in stock market
Today, after the stock market open, there is an atmosphere of lethargy. The Bombay Stock Exchange’s flagship index Sensex lost 109.15 points to open at 43843.56. Whereas the National Stock Exchange’s leading index Nifty 50 is trading at 12843.55 points with a decline of 30.65 points. BSE Midcap and Small Cap are both trading at 53 and 76 points respectively.
Boom in auto banking sector
Today the auto and bank sector is witnessing a boom. BSE Auto is trading up by 100 points. While Bank Exchange 257 and Capital Goods are seeing a gain of 166 points. BSE Metal is seeing a gain of 29 points. On the other hand, Consumer durables 48, BSE FMCG 31, BSE Healthcare 26, BSE IT 66, Oil and Gas 32 and Tech sector are trading down by 39 points.
Rising and falling shares
Talking about the first rising shares, Adani Port’s stock is trading at 3 per cent. While shares of Tata Motors, SBI and Power Grid are seeing a gain of 2 per cent. While the stock of IndusInd Bank is trading up by 1.36 per cent. At the same time, BPCL is losing about 2% in the declining stocks. While Titan, Hindustan Unilever, Tech Mahindra and Eicher Motors are seeing profits of over 1 per cent.