Mumbai: Economic survey was presented on 29 January 2021 before the budget, after which the market has been sold. The economic survey disappointed the market and both the index and the Nifty major index closed down. The market started strongly. The Sensex was up 500 points in business. Currently, the Sensex fell by 589 points at the end of trading and closed at a level of 46,285.77. At the same time, the Nifty had a weakness of 183 points and closed at the level of 13635. The Economic Survey estimates a 7.7 percent decline in GDP growth in FY 2021. If this happens, then this year GDP growth will be the worst in the last 42 years. However, real GDP growth is expected to be 11 percent in the next fiscal.
In today’s business, apart from bank and realty shares, the green sector stocks are being sold. Auto and IT index have weakened by more than 2.5 percent. IndusInd Bank and Sun Pharma are top gainers while Dr. Reddys and Maruti top losers. Talking about the global signal, the Dow Jones closed 300 points strong on Thursday. Today there is mixed business in Asian markets.
Top gainers, top losers
In today’s trade, 26 stocks of Sensex 30 have closed in red mark. IndusInd Bank, Sun Pharma ICICI Bank and HDFC Bank have been booming. Apart from these, all other stocks closed weakly. Top losers include Dr Reddys, Maruti, Airtel, Bajaj Auto, Infosys, TCS, NTPC and Bajaj Finserv.
