Today, on the last trading day of the 2010-2011 financial year, the stock market declined and closed at the red mark. The Bombay Stock Exchange’s flagship index Sensex fell 627.43 points, or 1.25 per cent, to close at 49509.15. At the same time, the Nifty on the National Stock Exchange closed 154.40 points or 1.04 percent lower at 14690.70. Shares of 30 stocks on the BSE fell 749.744 points, or 1.70 percent, in the previous week. On March 29, 2021, the domestic stock market was closed on the occasion of Holi. The market will be closed on the occasion of Good Friday on Friday.
The same was true of older stocks
Speaking of large stocks, shares of Tata Steel, UPL, Grasim, Bajaj Finger and ITC closed at the green mark today. HDFC, HDFC Bank, Power Grid and Tech Mahindra are closed in red.
Sectoral indicator tracking
If we look at the sectoral index, today Metal, FMCG, PSU Bank, Pharma and Realty are closed in the green. Media, IT, Auto, Financial Services, Private Banks and Red Mark Banks.
Seven companies in the top ten have reduced market capitalization
Last week, the market capitalization of seven of the top 10 Sensex companies fell by Rs 1,07,566.64 crore. Half of this loss was to Reliance Industries alone. Reliance Industries tops the list of top ten companies. It is followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICII Bank, Kotak Mahindra Bank, SBI and Bajaj Finance.
The market was open in red
In early trade, the Sensex opened 336.90 points (0.67 percent) lower at 49799.68. The Nifty opened 82.30 points or 0.55 percent lower at 14762.80.
The stock market closed tight on Tuesday
The stock market closed at the edge on Tuesday. The Sensex closed 1128.08 points or 2.30 percent higher at 50136.58. At the same time, the Nifty closed at 14845.10, up 337.80 points or 2.33 percent.