Stock Market Closing: Today's closing of the Indian stock market has happened with such a decline that probably no one had anticipated. After opening with a slight softness in the morning, the market took a sharp dive and the Sensex-Nifty started trading at a huge decline from their upper level. Bank shares and IT index showed such a form of decline that by the time the market closed, the Sensex fell by 1200 points and the Nifty also closed below the level of 24 thousand.

How was the closing of the stock market

Sensex-Nifty closed with a decline of about 1.5 percent. The PSU Bank Index also closed with a huge decline. In today's trade, the BSE Sensex closed at 79,043 with a decline of 1190.34 points or 1.48 percent. The NSE Nifty closed at 23,914 with a decline of 360.75 points or 1.49 percent.

Sensex stocks took a beating

Infosys was the top loser among the Sensex stocks and fell by 3.46 percent. Along with this, the shares of M&M, Bajaj Finance, HCL Tech, Adani Ports and Tech Mahindra dominated the decline and they fell the most among the top losers. Out of 30 Sensex stocks, only 1 stock was able to close on a positive note and that was SBI stock. 

What was the condition of Nifty shares

Out of the 50 stocks of Nifty, only 4 stocks rose and the remaining 46 stocks closed with a decline. Among the rising stocks, Adani Ports closed 1.63 percent higher. SBI, Shriram Finance and Cipla stocks closed with weakness. Among the falling stocks of Nifty, SBI Life closed with the highest decline of 5.41 percent. After this, shares of HDFC Life, M&M, Infosys and Adani Ports declined.

How far has the market capitalization of BSE fallen

The market cap of BSE today stood at Rs 443.19 lakh crore and trade closed in 4049 of its shares. Out of these, 2215 shares declined and 1721 shares declined. Trading closed without any change in 113 shares.