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Indian stock market closed with a decline on Wednesday. Nifty once again closed below 25,000. Nifty and Sensex closed with a decline on Wednesday. Selling was seen in midcap today. Whereas, smallcap closed flat. Talking about the sectoral front, selling was seen in auto and IT stocks. Pharma, FMCG index closed with a decline. Realty and Oil & Gas index closed with gains.
At what level did the market close today
After a full day's work on Wednesday, the Sensex closed at 81,501.36, down 318.76 points, i.e. 0.39%. Nifty closed at 24,971.30, down 86 points, i.e. 0.34%. Nifty Bank closed at 51,801.50, up 104.95 points, i.e. 0.20%. Whereas, Nifty Bank closed at 59,451.85, down 141.40 points, i.e. 0.24%. Which stocks saw action today The list of Nifty's weakest stocks included Trent, M&M, Hero MotoCorp, Infosys and Adani Ports. Whereas, HDFC Life, Dr Reddy's Labs, Grasim Industries, Bharti Airtel and HDFC Bank topped the list of Nifty's bullish stocks. HDFC Life has increased the growth outlook, after which this stock saw a rise today. Trent was under pressure today. This stock closed down by 4%. Sugar stocks were under pressure. Balrampur Chini, Dalmia Bharat slipped up to 4%. Zydus Life saw a decline of 4%. The US court has given a decision in favour of the company in the patent case regarding cancer medicine. HDFC AMC closed at record highs. After strong results, this stock closed with a gain of 6%. AB Real Estate closed up by 8%. Nomura has started coverage of this stock with a buy list. HSBC has upgraded the rating of Voltas, after which it closed with a gain of 4%. After Ashoka Buildcon got a new project, this stock closed with a gain of 2% today. Suzlon Energy has put a break on its 4-day rally today. This stock closed with a gain of 2%. Angel One showed gains during early trading, but later profit booking was also seen from higher levels. KEI Industries closed down 8% after pressure on its margins. The company's profit was also weaker than expected. Cochin Shipyard closed down 4%. The company has launched OFS at an 8% discount. Strides Pharma closed down 4%. The company's associate firm has received funding of ₹800 crore.
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