Reliance boom could not recover the falling market, closed on red mark for third consecutive day
new Delhi. Even the rise in Reliance Industries shares could not stop the stock market from closing down for the third consecutive day. The Bombay Stock Exchange’s major index Sensex closed down 135.78 points. The National Stock Exchange’s leading index Nifty 50 has fallen by 28.40 points. While Reliance shares closed up 2 per cent. According to experts, there has been a decline in the local market due to the tremendous decline in foreign markets. The cause is the outbreak of Corona virus in America and Europe. At the same time, banking sector and auto sector have also closed with a big decline.
Stock market closed for the third consecutive day
Today, the stock markets closed for the third consecutive day. The Bombay Stock Exchange’s leading index Sensex lost 135.78 points to close at 39614.07 points. Nifty 50, the major index of the National Stock Exchange, has closed 11642.40 points, down by 28.40 points. The BSE small cap has closed flat on the red mark. The BSE Mid-cap closed down 92.37 points and the Foreign Investors index fell 92.50 points.
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Decline in auto and banking sector
Today, on the sectoral index, BSE Auto has closed down by 208.10 points. Bank Exchange and Bank Nifty have closed with a loss of 255.19 and 191.10 points each. BSE FMCG 81.72, BSE Tech 25.50 and BSE IT declined by 2.09 points. On the other hand, oil and gas 173.75, BSE Metal 123.79 has seen the maximum increase. While BSE PSU 49.05, Capital Goods 31.55 points, Consumer durables 7.56 and BSE Healthcare closed up by 1.49 points.
Rising and falling shares
Today, the shares of Adani Ports and SEZ have closed with a gain of 5 per cent. On the other hand, shares of Bharat Petroleum Corporation 3.70 per cent, Coal India 3.02 per cent, Tata Steel 2.28 per cent, Sun Pharmaceutical Industries 2.06 per cent and Reliance Industries are also up by 2 per cent. While talking about the declining stocks, Bharti Airtel shares have seen a decline of 4%. While Hero MotoCorp shares declined 3.26 per cent, Eicher Motors 2.40 per cent, Hindustan Unilever 2.39 per cent and Maruti Suzuki India 2.14 per cent.
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