new Delhi. Today the stock market slipped after 75 minutes of opening so that it broke 1000 points below the record level. Investors were eyeing today that the Sensex dream would be fulfilled at the level of 45 thousand, but profit booking was such that it would continue till the end. Due to this, the Sensex closed 695 points lower than yesterday. While the Nifty 50 lost 197 points. Banking, IT, pharma is not any sector that has not closed down with a decline. HDFC Bank’s market cap had also crossed 8 lakh crore, but again fell below 8 lakh crore due to profit booking.
Big fall in stock market
Today the stock market has seen a big decline. The Bombay Stock Exchange’s flagship index Sensex lost 694.92 points to end at 43828.10 points. Whereas today, the Sensex set a new record by reaching the level of 44,825.37 points. This means that today the Sensex has closed down by about 1000 points from the record level. On the other hand, Nifty 50, the major index of the National Stock Exchange, has closed down by 12,858.40 points with a fall of 196.75 points. BSE Small Cap 186.89, BSE Mid-Cap 295.02 and Foreign Investors Index CNX Midcap closed down by 319.70 points.
Also read: Great start of stock market, Sensex runs towards 45 thousand points
Big drop in sectoral index
On the other hand, on the sectoral index, bank exchanges closed down by 681.61 points and Bank Nifty by 540.90 points. Consumer durables 430.24, BSE Auto 350.25, Capital Goods 288.47, BSE FMCG 132.89, BSE Healthcare 383.36, BSE IT 352.74, BSE Metal 93.41 and BSE Tech 169.34 closed down. Oil and Gas 10.12 and BSE PSUs closed with a slight gain of 17.33 points.
Rising and falling shares
Talking about the first rising stocks, ONGC has seen a gain of 6.18 per cent. GAIL India 1.99 per cent, Adani Ports and SEZ 1.71 per cent, SBI Life Insurance Company 1.20 per cent and Coal India 0.57 per cent. On the other hand, Eicher Motors 3.65, Kotak Mahindra Bank 3.24 per cent, Axis Bank 3.20 per cent, Sun Pharmaceutical Industries 2.68 per cent and Bajaj Finance shares fell by 2.51 per cent.
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2.22 lakh crore loss to investors
On the other hand, market investors today have suffered losses of more than Rs 2 lakh crore. The gain or loss of market investors is tied to the market cap of BSE. The market cap of BSE closed at Rs 1,74,81,921.28 crore on Tuesday. While today, the market cap of BSE has closed at Rs 1,72,59,469.95 crore. If you look at the difference between the two days, there is a loss of Rs 2,22,451.33 crore.
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