The Indian stock market closed in the red zone today i.e. Thursday 17 October. The domestic stock market is continuously giving shocks to investors. The National Stock Exchange’s Nifty fell 221.45 points to close at 24,751.65, while the Bombay Stock Exchange (BSE) Sensex fell 494.75 points to 81,006.61. Top gainers in Nifty 50 were Tech Mahindra, Infosys, Power Grid, L&T and SBI. Meanwhile, Bajaj Auto, Shriram Finance, M&M, Nestle India and Hero MotoCorp emerged as top losers in the Nifty 50 on October 17.
Sectoral Index Status
According to the data, except Nifty IT which gained 1.19 percent, all the local indices closed with a decline. Among these, Nifty Realty (down 3.76 per cent), Auto (down 3.54 per cent), Consumer Durables (down 2.20 per cent) and Media (down 2.18 per cent) closed with heavy losses. During afternoon trading on October 17, every stock of Bank Nifty except SBI was trading in the red. Along with HDFC Bank, ICICI Bank and Axis Bank also saw a huge decline.
There was a decline in the market on Wednesday
Earlier yesterday i.e. on 16th October, a decline was seen in the stock market. Sensex fell 318 points to close at 81,501. Nifty also fell 86 points and closed at 24,971.
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