Stock Market Closing On 10th October 2022: The first trading session of the week was very disappointing for the Indian stock market. On Friday, the US and European markets closed with a heavy fall. Due to which the Asian markets opened with a fall in the morning and its effect was also seen on the Indian markets. Indian markets opened with a sharp decline due to profit-booking of investors. However, due to the return of buying in the day’s trade, the gap of decline narrowed. At the end of trading today, the Sensex of the Mumbai Stock Exchange closed down 200 points at 57,991 points, while the Nifty of the National Stock Exchange closed 73 points down at 17,241 points.
In today’s trading session, the shares of all other sectors except IT closed with a fall. Sectors like banking, auto, pharma, energy, metals, real estate, media, energy and consumer durables FMCG saw the decline. Small cap index and mid cap index have also closed down. Of the 50 stocks of Nifty, only 16 shares rose and 34 shares closed down. Of the 30 stocks of the Sensex, 12 stocks were buying while 18 stocks closed down.
If we look at the stocks which gained today, Axis Bank 2.76 percent, TCS 1.84 percent, Maruti Suzuki 0.94 percent, Tech Mahindra 0.80 percent, Wipro 0.77 percent, Infosys 0.75 percent, HCL Tech 0.52 percent, Mahindra 0.38 percent, HUL 0.23 percent. closed at a rapid pace.
If we look at the stocks which were profit-booking, then Asian Paints 1.91 percent, Titan Company 1.86 percent, ITC 1.80 percent, Reliance 1.13 percent, Nestle 1.02 percent, HDFC 1.02 percent, HDFC Bank 0.98 percent, Kotak Mahindra 0.91 percent, Bajaj Finserv 0.89 percent. Closed with a decline.
read this also
Indian Economy: RBI-rating agencies cut GDP estimates, yet tax collections increased?
Easy Trip Planners Share Price: Offer of Easy Trip Planners to shareholders, announcement of giving three bonus shares instead of one, stock rise