New Delhi, 9 January (H.S.): Due to apprehensions about quarterly results, fall in the value of rupee and continuous selling by foreign investors, the domestic stock market closed with a decline once again on Thursday.
Today's trading had a mixed start at a flat level. After the market opened, trading continued with minor fluctuations for the first 1 hour, but after that, due to the start of strong selling, both the Sensex and Nifty indices fell sharply. However, in between, buyers also tried to support the market by increasing buying pressure. Despite this, the selling pressure was so high that both the Sensex and Nifty indices continued to trade in the red mark. After the whole day's trading, the Sensex closed with a weakness of 0.68 percent and Nifty with a weakness of 0.69 percent. After the day's trading today, all the sectoral indices of the stock market except FMCG closed in the red with a decline. Realty, energy and oil and gas sectors saw the most selling. Similarly, metal, IT, infrastructure, banking, capital goods, consumer durables and tech indices also closed with a decline. On the other hand, there was buying in the FMCG sector today, due to which the FMCG index closed with a gain of 0.73 percent. There was continuous selling in the broader market today, due to which the BSE midcap index closed with a decline of 0.96 percent. Similarly, the small cap index ended today's trading with a weakness of 1.17 percent.
Due to the weakness in the stock market today, the wealth of stock market investors decreased by more than Rs 4.75 lakh crore. The market capitalization of companies listed on BSE decreased to Rs 435.74 lakh crore (provisional) after today's trading. Whereas on the previous trading day i.e. Wednesday, their market capitalization was Rs 439.59 lakh crore. In this way, investors have suffered a loss of about Rs 3.85 lakh crore from today's trading.
Today, during the day's trading, there was active trading in 4,067 shares in BSE. Out of these, 1,229 shares closed with a gain, while 2,723 shares showed a decline, while 110 shares closed without any fluctuation. Today, there was active trading in 2,508 shares in NSE. Out of these, 624 shares closed in the green mark after making profit and 1,884 shares closed in the red mark after suffering loss. Similarly, out of the 30 shares included in Sensex, 10 shares closed with a gain and 20 shares closed with a decline. Whereas out of the 50 shares included in Nifty, 16 shares closed in the green mark and 34 shares closed in the red mark.
The BSE Sensex opened today with a marginal gain of 57.72 points at 78,206.21 points. After the start of trading, there was a tussle between buyers and sellers, due to which the index kept fluctuating, but after 10:30 am, a strong sell-off started in the market. Due to this sell-off, the index's movement declined. Due to the continuous sell-off, the index fell 605.57 points to 77,542.92 points shortly before the end of today's trading. After the whole day's trading, the Sensex closed at 77,620.21 points with a decline of 528.28 points.
In contrast to the Sensex, NSE's Nifty started trading today with a weakness of 14.20 points at the level of 23,674.75 points. After the market opened, the index continued to trade with slight fluctuations for some time, but after the first 1 hour of trading ended, there was a huge decline due to the tremendous selling pressure. Due to the continuous selling, the index fell by 185.90 points to reach the level of 23,503.05 points. However, around 12 noon, buyers also tried to support the market by buying, but due to the selling pressure, the market movement could not improve. After the whole day's buying and selling, the Nifty closed at the level of 23,526.50 points with a decline of 162.45 points.
After the buying and selling throughout the day's trading, among the big stocks of the stock market, Bajaj Auto joined the list of today's top 5 gainers with a strength of 2.24 percent, Nestle 1.63 percent, Hindustan Unilever 1.43 percent, Britannia 1.37 percent and Mahindra & Mahindra 1.31 percent. On the other hand, Shriram Finance fell by 3.07 percent, ONGC by 3 percent, BPCL by 2.37 percent, Coal India by 2.14 percent and Tata Steel by 2.04 percent to be included in the list of top 5 losers today.
Hindusthan Samachar / Jun Sarkar
