Mumbai: Due to global sale, there has been a sharp decline in the domestic stock market. After breaking over 400 points on Thursday, the Sensex has broken 746 points in the business of Friday, January 22. At the same time, there has been a sharp decline in the Nifty. The Sensex is down 746 points and closed at the level of 48879. At the same time, the Nifty has also closed at a level of 14372, down from 14400, down by 218 points.
Bank, financial and metal stocks are selling strongly, which led to the fall in the market. However, there is some support from the auto sector and IT sector. In this decline of the market, the market cap of listed companies on BSE has also come down to 1.95 lakh crore. Today, 5% weakness has been observed in Axis Bank and 4% in Asian Paint. At the same time, Bajaj Auto has been growing 10 percent. Please tell that on Thursday, the Sensex first crossed the level of 50 thousand. Talking about global signs, selling in Asian markets dominates. At the same time, signs from the US markets are also weak.
In this decline of the market, 2 lakh crores of investors became clear. Today, the market cap of BSE listed companies stood at 1,94,43,209.47 crore, while on Thursday it had closed at 1,96,51,529.14 crore.
In today’s trade, 24 stocks of Sensex 30 have seen a decline, while 6 stocks have closed in the green mark. Top gainers include Bajaj Auto, HUL, Ultratech Cement, TCS, Bajaj Finserv and Infosys. The top losers include Axis Bank, Asian Paint, SBI, IndusInd Bank, ICICI Bank and Bajaj Finance.
In today’s business, 10 out of the 12 indexes on the Nifty have been weak. The auto index has strengthened by more than 1.5 percent. Bank and financial index have seen weakness of 3% and 2.5%. The metal index has weakened by 4 percent. There is a weakness in realty index around 3 percent. Pharma, FMCG index are also in red mark.