The Indian stock market also saw a decline on Thursday, March 13 for the fifth consecutive day. The Sensex Jahan, 201 points (0.27 per cent) fell to close at 73,828.91, while the Nifty also fell at 22,397.20 with 73 points (0.33 per cent). However, in the last five days, there has been a slight decline of only 0.70 per cent in the Sensex.
Midcap and smallcap also fell
Midcap and smallcap segments also continued to decline. On Thursday, the BSE midcap index fell 0.77 percent and the smallcap index fell 0.62 percent. Investors lost about 2 lakh crores in a single day, because the total market capital of BSE-listed companies declined from 393 lakh crore to 391 lakh crore.
Because of what fell the market
Global uncertainty and selling of foreign investors affected the market. However, the Indian market showed its strength amidst the upheaval in the US market. Reliance Industries, HDFC Bank, Infosys, Zomato and Tata Motors shared the biggest pressure on the Sensex.
Talking about the top loses of Nifty 50, 38 shares in Nifty 50 were in red mark. Shriram Finance (2.66 percent fall), Hero MotoCorp (2.26 per cent fall) and Tata Motors (2.04 per cent fall) were the largest losquers.
Talking about the top gainers of Nifty 50, the Nifty was the largest gainers in BEL (gaining 1.18 per cent), SBI (growing 0.68 per cent) and Cipla (0.40 per cent.
Which sector fell
Real estate declined by 1.83 per cent, media declined by 1.50 per cent and auto declined by 1.10 per cent. Apart from this, the Nifty Bank was flat, while the PSU bank index rose 0.43 per cent. The private bank index fell 0.14 percent.
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(Tagstotranslate) Stock market
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