Stock Market Closed: Shares of these companies fell due to fall in major indices, know the condition of Sensex and Nifty.
Mumbai. Domestic stock markets witnessed a decline in major indices on Tuesday due to increasing military tensions between the US and Iran and selling was dominated by shares of banking and financial companies. BSE Sensex fell 479.26 points (0.63 percent) to close at 76,009.70. Nifty-50 index also fell by 118 points or 0.49 percent to 23,913.70 points. After opening in the morning, both the major indices were in the green for some time, but due to selling in the afternoon, they again went into the red. America again attacked Iran on Monday night.
This has weakened the investment sentiment in the market. The fall of more than 50 paise in the rupee also put pressure on the market. The Indian currency is currently down by 51 paise at Rs 95.77 per dollar. In the macro market, the indices of medium and small companies continued to rise. Nifty Midcap-50 index closed up 0.51 percent and Smallcap-100 index closed up 0.35 percent.
Banking, finance, consumer durables and realty sectors declined while metals and chemicals sectors rose. Bharti Airtel’s share fell by one and a half percent among Sensex companies. Shares of Trent, TCS, Bajaj Finance, Titan, HDFC Bank and Mahindra & Mahindra fell more than one percent.
Shares of ICICI Bank, Axis Bank, Power Grid, Reliance Industries, UltraTech Cement, ITC, Kotak Mahindra Bank, Asian Paints, HCL Technologies, BEL and Indigo were also in the red. Tech Mahindra shares rose by more than one and a half percent. Shares of Eternal, Maruti Suzuki, Hindustan Unilever and Adani Ports also gained.
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