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News Topical, Digital Desk : Profit booking was seen in the market in the third trading session of the week. On Wednesday, Sensex and Nifty closed with a decline of about half a percent. During the initial trading, Nifty Bank saw a record high, but from here selling was also seen in the index. Pressure was also seen in midcap and smallcap stocks. After 8 consecutive days of rise, the midcap index closed with a decline. On the sectoral front, there was selling in realty, PSE and banking stocks. Metal, auto and pharma indices closed on a rise.
Nifty closed at 25,000 today. Financial stocks exerted pressure throughout today's session. Nifty PSU Bank's 6-session rally has been halted today. This index closed down by 1% today.
At what level did the market close? After a full day's work on Wednesday, Nifty closed down 88 points at 25,453. Nifty Bank closed down 460 points at 56,999. Sensex closed down 288 points at 83,410. On the other hand, Nifty Midcap index closed down 83 points at 59,667.
Which stocks showed action today? Metal stocks rose after demand-supply update in China. Tata Steel was the fastest-growing stock on Nifty today. RBL Bank saw a decline of more than 4%. Dreamfolks closed down 5% today. Tata Communication closed down by 5% after Macquarie gave a Buy recommendation. HDB Financial got listed today and closed with a gain of around 14%. Asian Paints closed with a gain of 2%. CCI is currently investigating the company in some matters. Sigachi Industries closed down for the third session today. Today too, this stock saw a decline of 7%. Sai Silks also closed with a gain of 7%. Keystone Realtors closed with a gain of 3% today. The company has received an order of Rs 3,000 crore.
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