new Delhi. The stock market has witnessed profit booking for the second consecutive day. The decline that started on Friday continued on Monday. Market investors have lost Rs 5.5 lakh crore in these two days. If we talk about the shares, then the shares of Tata Motors and Tata Steel have seen a decline of 6%. On the other hand, UPL shares saw a rise of 6 percent. At the same time, Reliance’s stock has also closed on the green mark. According to experts, the stock market may see a boom in the coming days.
stock market crash
Today, the stock market has seen a decline of one percent for the second consecutive day. The Bombay Stock Exchange’s flagship index Sensex lost 470.40 points to close at 48564.27 points. On the other hand, Nifty 50, the major index of the National Stock Exchange, has closed down at 14281.30 points, down by 152.40 points. BSE Smallcap 311.85, BSE Mid-cap 326.28 and CNX Midcap closed down by 413.50 points.
All fall except consumer durables
Today, the auto, pharma and metal sectors have seen a decline of over 400 points. While the Bank Exchange 390.83 and Bank Nifty closed down by 351.10 points. IT sectors also closed with a loss of 394.27 points. Capital Goods closed at 177.64, Oil and Gas 202.33, BSE PSU 147.39, BSE Tech 193.21 and BSE FMCG by 38.15 points. The consumer durables sector closed with a gain of 277.85 points.
Rising and falling shares
Talking about the first rising stocks, UPL shares have closed with a gain of 7.29%. Reliance Industries shares rose 2.78 percent. Titan Company closed up 2.12 per cent, HDFC Bank 1.47 per cent and ITC 1.45 per cent. On the other hand, in the case of declining stocks, the shares of Tata Steel and Tata Motors have seen a decline of around 6%. While ONGC shares have closed down by about 5 per cent. On the other hand, shares of Hindalco Industries and Sun Pharmaceutical Industries closed down by about 4 per cent.