Sensex Today: The market declined on the first day of the week due to poor global signals. On Monday, Sensex and Nifty closed in red. However, at the end of the session, both the major indexes saw improvement from the lower levels. Midcap and smallcap stocks declined. On the sectoral front, PSE, Energy, Oil & Gas indices slipped the most, metal and government banks were under pressure. At the same time, IT, Pharma and Auto indices closed on a rise. Rupee closed at a record low against the dollar.
At what level did the market close today?
After a full day's work on Monday, the Sensex closed 319 points lower at 77,187. Nifty closed 121 points lower at 23,361. Nifty Midcap Index closed 497 points lower at 52,989. Nifty Bank closed 296 points lower at 49,211. Which stocks showed action today? M&M and Eicher Motors closed with a gain of 3% after sales figures improved in January. Capex-related stocks also saw a decline for the second day today. Here, weakness was seen in infra, power and defense stocks. At the same time, weakness was also seen in L&T, BEL, HAL, Siemens and JSW Energy. NBFCs saw a rise due to the announcements in the budget. Bajaj Finance and Shriram Finance, Chola Investment closed up by 2-5%. Eicher Motors closed at record highs after strong auto sales data. L&T, Reliance Industries and HDFC Bank contributed the most to the Nifty decline. Metal stocks closed lower after the US dollar gained. The Nifty Metal index slipped nearly 2%. Capital goods declined after brokerage firms posted negative returns. Thermax and Siemens slipped up to 9%. Sona BLW and Samvardhan Motherson closed down 3% and 8% respectively. Consumer discretionary stocks were up. Voltas, Blue Star and Havells closed with gains. Swiggy closed 5% higher today after being added to coverage by Kotak Equities. Divi's Labs closed 5% higher after strong results.