The stock market closed on the red mark before GDP figures came, consumer durables rose by 700 points

By Anupreet Kaur On Nov 27, 2020

new Delhi. Today, the stock market closed with a decline before the GDP figures came. By the way, the second quarter GDP figures are expected to be much better than the first quarter. There was a 24 per cent decline in the first quarter GDP. In contrast to this, the consumer durables sector saw a rise of more than 700 points today. At the same time, the auto sector saw a boom due to the expectation of better figures. The IT and tech sectors closed higher.

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stock market crash
Today the stock market has seen a decline. The Bombay Stock Exchange’s flagship index Sensex lost 110.02 points to close at 44149.72 points. At the same time, the National Stock Exchange also lost 18 points and closed at 12968.95. BSE Small Cap 372.77 and BSE Mid-Cap 328.50 points were observed. The index for foreign investors also looked much better and the CNX Midcap closed up 502.90 points.

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Boom in sectoral index
Today, the sectoral index witnessed a good boom. Consumer durables closed up 707.77 points. BSE Auto 323.66, BSE Healthcare 191.13 and Capital Goods gained 174.35 points. Bank Exchanges 83.61, Bank Nifty 70.25, Oil and Gas 36.80, BSE FMCG 23.49, BSE Metal 9.02, BSE PSU closed up marginally with a gain of 4.91 points. IT sector 242.06 and BSE Tech closed down by 110.11 points.

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Rising and falling shares
First of all, the shares of Tata Motors closed with a gain of 5 per cent. Hero MotoCorp closed up 2.33 percent, Titan Company 2.20 percent, Bajaj Auto 1.78 percent and Britannia Industries 1.64 percent. On the other hand, HDFC Life Insurance has closed down by 2.55 per cent. HCL Technology 2.41 per cent, JSW Steel 2.12 per cent, Hindalco Industries 1.89 per cent and Axis Bank 1.85 per cent.