New Delhi, 8 January (H.S.): There was a strong ups and downs in the domestic stock market during today's trading. The stock market fell by about one percent today due to selling pressure, but later on getting buying support, both the Sensex and Nifty indices made a great recovery from the lower level. After the whole day's trading, the Sensex closed with a weakness of 0.06 percent and Nifty with a weakness of 0.08 percent.
Today, during the whole day's trading, there was continuous selling in the shares of metal, pharmaceutical and automobile sectors. Similarly, PSE, Realty, Banking, Capital Goods and Consumer Durable Index also closed with a decline. On the other hand, buying continued in the stocks of oil and gas, IT, tech and FMCG sectors. There was continuous selling pressure in the broader market today, due to which the BSE midcap index closed with a decline of 1.09 percent. Similarly, the smallcap index ended today's trading with a weakness of 1.12 percent.
Due to the weakness in the stock market today, the wealth of stock market investors decreased by more than Rs 2 lakh crore. The market capitalization of companies listed on the BSE decreased to Rs 439.41 lakh crore (provisional) after today's trading. Whereas on the previous trading day i.e. Tuesday, their market capitalization was Rs 441.75 lakh crore. In this way, investors lost about Rs 2.34 lakh crore from today's trading.
There was active trading in 4,066 shares in BSE during the day today. Of these, 1,395 stocks closed with gains, while 2,575 stocks declined, while 96 stocks closed without any fluctuations. There was active trading in 2,511 stocks on NSE today. Of these, 792 stocks closed in the green mark after making profits and 1,719 stocks closed in the red mark after suffering losses. Similarly, out of the 30 stocks included in the Sensex, 14 stocks closed with gains and 16 stocks closed with losses. While out of the 50 stocks included in the Nifty, 23 stocks closed in the green mark and 27 stocks closed in the red mark.
The BSE Sensex opened today with a gain of 120.34 points at 78,319.45 points. As soon as the trading started, there was selling pressure in the market, due to which this index plunged into the red mark. Due to continuous selling, the index fell by 712.32 points to reach the level of 77,486.79 points shortly before 1 pm. However, after this the buyers became active and started buying, due to which the movement of this index started gaining momentum. With the support of continuous buying, this index recovered more than 650 points from the lower level and closed at 78,148.49 points with a slight weakness of 50.62 points. Like the Sensex, NSE's Nifty started trading today with a gain of 38.75 points at the level of 23,746.65 points. As soon as the market opened, this index slipped and reached the red mark due to profit booking. Due to continuous selling, shortly after 12 noon, this index fell by 211.75 to the level of 23,496.15 points. However, in the second session of the day, buyers started buying, due to which the movement of this index also started improving. After the whole day's trading, Nifty recovered about 190 points from the lower level and ended today's trading at 23,688.95 points with a decline of 18.95 points.
After the whole day's trading today, among the big stocks of the stock market, ONGC joined the list of today's top 5 gainers with a strength of 2.98 percent, TCS 1.99 percent, Reliance Industries 1.99 percent, ITC 1.92 percent and Asian Paints 1.82 percent. On the other hand, Apollo Hospital joined the list of today's top 5 losers with a weakness of 3.95 percent, Trent Limited 2.55 percent, Shriram Finance 2.02 percent, Bajaj Auto 1.91 percent and UltraTech Cement 1.85 percent.
Hindusthan Samachar / Jun Sarkar
