The decline in the indian stock market is not stopping. In the trading session of Tuesday, november 12, 2024, the indian market opened with a rise in the morning. But during the day's trade, the market fell again due to heavy selling in the shares of banking, FMCG, auto and energy sectors. Sensex slipped below the figure of 79000 and Nifty below 24000. At the end of today's trading, the BSE Sensex closed with a decline of 821 points at 78,675 and the National Stock Exchange's Nifty closed with a decline of 257 points at 23,883 points.
Investors suffered a loss of 6 lakh crores
Due to the sharp decline in the market, investors have suffered tremendous losses. The market capitalization of stocks listed on BSE has come down to Rs 436.59 lakh crore, which was Rs 442.54 lakh crore in the previous trading session. That is, investors have suffered a loss of Rs 5.95 lakh crore in today's session.
Sectoral update
The biggest decline in today's trading has been seen in stocks of sectors like banking, FMCG, auto, pharma, metals, energy, consumer durables, healthcare, oil and gas. Only IT and real estate stocks closed with gains. Nifty bank closed down by 718 points. Nifty Midcap Index closed down by 600 and Nifty Smallcap Index closed down by 233 points.
Rising and falling shares
In today's trade, a total of 4061 shares were traded on BSE, in which 1234 shares closed with gains and 2731 shares closed with losses. 291 stocks have upper circuit and 363 have lower circuit. Out of 30 Sensex stocks, only 4 closed with gains while 26 fell. Among the rising stocks, sun Pharma closed with a gain of 0.28%, Infosys 0.06%, icici bank 0.04% and Reliance. Among the falling stocks, NTPC closed with a decline of 3.16%, hdfc bank 2.73%, Asian Paints 2.65%, sbi 2.52%.
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