new Delhi. Today, the stock market crossed the 50 thousand mark and reached a record level and closed by sliding to 500 points until the market closed. Due to this, the market investors lost about 2.25 lakh crore rupees. Banking sector and pharma sector have suffered the most. The reason is the fire on the campus of Serum Institute of India. By the way, the decline in the Sensex compared to yesterday has seen a decline of 167 points. While the Nifty has lost 54 points.
stock market crash
The market closed down after crossing the 50 thousand mark. The Bombay Stock Exchange’s major index Sensex closed down 167.36 points at 49,624.76 points. Whereas today the Sensex reached the record mark with 50,184.01 points. In this sense, the Sensex today slipped to 500 points from the record level. Talking about the National Stock Exchange, it slipped 54.35 points to reach 14,590.35 points. While today the Nifty reached 14,753.55 record points. That is, the Nifty has slipped to 163.2 points from the record points today.
Fall in sectoral index
If we talk about sectoral index, the bank exchanges closed down by 351.19 and the bank Nifty fell by 356.80 points. While the pharma and metal sectors saw a drop of 298.57 and 296.38 points respectively. BSE IT 161.47, Oil and Gas 241.03, BSE PSU 129.37, BSE Tech 109.59, BSE FMCG 45.48, and BSE Auto declined by 14.05 points. While the second consumer durables has seen a tremendous increase of 462.97 points, Capital Goods closed with a gain of 103.90 points.
Rising and falling shares
On the other hand, Tata Motors closed up 5.71 percent, Bajaj Finance 2.74 percent, Reliance Industries 2.18 percent, Bajaj Auto 1.63 percent and Eicher Motors 1.56 percent. On the other hand, ONGC closed 4.20 per cent down, Tata Steel 3.40 per cent, GAIL India 3.08 per cent, Coal India 2.93 per cent and State Bank of India 2.55 per cent.