Stock Market Closing: The Indian stock market closed in the negative zone today due to a sharp fall in Adani stocks and massive selling in PSU banks. After the allegations of bribery of about $ 250 million against the Adani Group in the US, there was an uproar in Adani stocks and some of the group's shares fell by 23-24 percent. At the time of market closing, Adani Enterprises saw a decline of more than 23 percent. In early trade on November 21, Gautam Adani's net worth fell by $ 12.1 billion or 17.28 percent to $ 57.8 billion. 

How was the market closing

BSE's Sensex closed at 77,155 after falling 422.59 points or 0.54 percent. NSE's Nifty closed at 23,349 level with a fall of 168.60 points or 0.72 percent.

BSE's market cap fell to this level

The market cap of BSE has come down to Rs 425.29 lakh crore and after reaching its all-time high of Rs 478 lakh crore, it has come down by Rs 49 lakh crore. Trading was closed in 4065 shares of BSE, out of which today trading closed with a rise in 1237 shares and 2736 shares closed with a rise.

Sectoral Indices of Nifty 

If we look at the sectoral index of Nifty, Nifty IT, Private Bank and Realty stocks witnessed the highest growth and all other sectoral indices closed with a decline. Among the falling sectors, the maximum weakness of 2.70 percent was seen in PSU banks and a decline of 2.40 percent was seen in media stocks.

Condition of Sensex shares

If we look at the condition of BSE Sensex shares, 10 out of 30 shares are seeing a decline and Powergrid's share was the fastest here. Among the rising shares, the shares of UltraTech Cement, HCL Tech, Tata Steel, TCS, Infosys, Kotak Mahindra Bank, Axis Bank, Tech Mahindra and ICICI Bank have registered the highest jump. Among the falling shares of Sensex, the shares of Adani Ports, SBI, ITC, NTPC, Asian Paints, Bajaj Finance, IndusInd Bank and Bajaj Finserv are seeing the biggest decline.