Photo : ET NOW SWADESH Digital
Stock market today, December 29: Market boomed at the beginning of the week! See top gainers, losers list
highlights
- The stock market failed to maintain its gains in the beginning of the week.
- Major market indices – Sensex and Nifty closed with huge losses on Monday.
- Nifty Bank showed a decline of more than 75 points and closed around the level of 58,930.
Stock Market Today, December 29: Today the domestic stock market started the week with a slight gain and also showed momentum. This rise was due to the strong trend in Asian markets and continuous buying by domestic institutional investors. But in the second part of the day the market failed to maintain its momentum. Major market indices – Sensex and Nifty closed with huge losses on Monday.
According to the information, BSE Sensex rose by 22.24 points to 85,063.69 points in early trade and NSE Nifty rose marginally by 16 points to 26,058.30 points. There was a rise in prices after the initial deals and BSE Sensex rose 105.17 points to 85,140.33 points while Nifty started trading with a gain of 35 points at 26,080.45 points.
How was the trend of Sensex-Nifty today?
Read full article
At the same time, at the end of the second part of the day, Sensex closed above 84700 level with a fall of more than 300. At the same time, if we talk about Nifty, this index also showed a decline below 100 points while trading on the red mark. This index of NSE also closed below 25,950.
How was the condition of the border market?
If we look at the business of Broader Market, Nifty Bank showed a decline of more than 75 points and closed around the level of 58,930. At the same time, Nifty Midcap and Nifty Smallcap were also seen trading in the red. Where, Nifty Midcap closed the trading in the red around 313 points. So at the same time, smallcap closed after a fall of about 127 points.
Top Gainers and Losers
In the market, Tata Steel, Asian Paints, Tata Consumer, Grasim and Eternal, listed in NSE and BSE, saw the maximum rise. Whereas shares of Adani Ports, Power Grid, Bajaj Finserv and Axis Bank remained in loss.
According to stock market data, foreign institutional investors (FIIs) were sellers on Friday and sold shares worth a net Rs 317.56 crore. On the other hand, domestic institutional investors (DIIs) bought shares worth Rs 1,772.56 crore.
(Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.)
end of article
