Thursday was a bad day for the stock markets. The Sensex fell 1114.82 points to close at 36,553.60, while the Nifty lost 326.30 points to close at 10,805.55. Among the 30 companies listed on the Sensex, all other stocks except Hindustan Unilever declined. IndusInd Bank suffered the maximum setback of 7.10 per cent. Apart from this, shares of Mahindra & Mahindra and Bajaj Finance have broken more than 6%. Shares of TCS and Tech Mahindra fell more than 5 per cent and shares of Tata Steel, ICICI Bank, Infosys, Axis Bank, Bajaj Finserv, SBI fell 4 per cent.
On Thursday, Infratel, ZEEL and Hindustan Unilever emerged as the top gainers on the Nifty, while IndusInd Bank, Tata Motors, Bajaj Finance, Gray SIM and TCS were the top losers. On the close of business, all sectoral indices of Nifty closed in red mark. Metal and IT stocks fell more than 4 percent. Shares of PSU banks lost 3.89 percent.
The stock market fell for the third consecutive day on Wednesday. Pharma and PSU bank stocks were more selling. At the end of trading, the Sensex has lost about 66 points and closed at the level of 37,668.42. At the same time, the Nifty has lost 22 points and closed at 11132 level. Axis Bank was the top gainer in yesterday’s business, while Airtel fell 8 percent.
