New Delhi. There was a big fall in the stock market today. Sensex closed below 50 thousand due to profit booking in IT, Tech, Bank etc. While the Nifty 50 fell by 306 points. If you talk about the last four days, then the market has fallen by about 2400 points. While the Nifty 50 has fallen by 638 points. That is, the investors have lost more than Rs 5.60 lakh crore during this period.
Big drop in stock market today
Today, the stock market saw the biggest drop of the year. The Bombay Stock Exchange’s major index Sensex lost 1145.44 points to close at 49744.32 points. Whereas in the last four days, the Sensex has lost 2359.85 points. While the National Stock Exchange’s major index Nifty 50 fell by 306.05 points to close at 14,675.70 points. While the Nifty has seen a fall of 637.75 points in four days. BSE Smallcap closed down 201.52 points, BSE Mid-cap 269.29 points and CNX Midcap 296 points each.
Fall in sectoral index
Today there is a big decline in the sectoral index of the stock market. BSE Auto 546.55, Bank Exchange 621.21, Bank Nifty 584.40, Capital Goods 481.25, Consumer Durables 631.09, BSE FMCG 197.27, BSE Healthcare 419.22, BSE IT 655.23, Oil & Gas 256.29, BSE PSU 149.45, and BSE Tech with a drop of 296.37 points. Closed. On the other hand, BSE Metal saw a gain of 287.25 points.
Rising and falling shares
Today, Adani Ports & SEZ saw a gain of 3.11% when it comes to the rising stocks. While JSW Steel shares closed up 2.64 per cent. Hindalco Industries closed 2.63 per cent, Tata Steel 2.07 per cent and ONGC 1.14 per cent. On the other hand, shares of Mahindra & Mahindra were down by 4.79%, Dr. Reddy Laboratories 4.53%, Tech Mahindra 4.35%, ITC 4.12% and Axis Bank shares declined by 4.03%.