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On the first day of the week, there was a sell-off all around in the Indian stock market. Nifty and Sensex saw the biggest intraday fall in nearly 2 months. The midcap index outperformed the major index. Nifty saw a decline of about 1.4%, but the Nifty midcap index slipped by only 0.4%. 40 out of 50 stocks of Nifty closed in the red. The biggest decline was seen in auto stocks.
Heavyweight stocks saw the biggest decline. Heavyweight stocks like Reliance Industries, ICICI Bank, HDFC Bank and Axis Bank put pressure on the market today. After a full day's work on Monday, the total market capitalization of all the companies listed on BSE has seen a decline of ₹3.5 lakh crore today.
At what level did the market close today After a full day's work on Monday, the Sensex closed at 84,300, down 1,272 points. Nifty closed at 25,811, down 368 points. Nifty Midcap Index closed at 60,148, down 233 points. Nifty Bank closed at 52,978, down 856 points. Which stocks showed action today After the sales figures for the month of September, pressure was seen in auto stocks today. Hero Moto and TVS closed down 4% today. After the announcement of the relief package in China, great action was seen in metal stocks today. Nifty Metal Index closed with gains today. On the first day of inclusion in Nifty, Trent and BEL closed down by 3%. NMDC closed with gains for the 8th day today. After the rise in iron ore prices, this stock closed 4% higher today. Nifty Realty Index witnessed a decline for the second consecutive session today. This index closed down by 5% today. Aurobindo Pharma closed down by 3%. The company's Telangana unit has received 10 objections from the US FDA. IOC closed 2% higher from the day's low after deciding to withdraw ₹ 22,000 crore through rights issue. Profit booking was seen in PB Fintech. This stock closed 5% lower from today's peak. The company is planning to invest $ 100 million. Today, for the first time after listing, Ola Electric's stock slipped below ₹ 100 per share. This stock closed 2% lower today. Reliance Infra closed with a gain of 4% today after the Kolkata High Court gave a verdict in its favour. AstraZeneca closed 12% higher today after the positive commentary of the management. Shakti Pumps closed at an upper circuit of 5% today after the proposal to issue bonus.
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