Stock Market Closing On 26 April 2024: In the last trading session of the week, the Indian stock market closed with a huge fall due to profit booking by investors. This decline has been seen in the market due to selling in banking stocks. However, due to buying in midcap stocks, the Nifty midcap index closed at a record high. At the end of today’s trading, BSE Sensex closed at 73,730 points with a fall of 609 points and Nifty of National Stock Exchange closed at 22,419 points with a fall of 150 points.
Market cap at record high
Despite the fall in Sensex and Nifty, the market cap closed at record high due to buying in midcap and small cap stocks. The market cap of stocks listed on BSE closed at Rs 404.22 lakh crore, which was Rs 404.09 lakh crore in the previous trading session. In today’s session, there has been an increase of Rs 13000 crore in the wealth of investors.
condition of sectors
Strong buying has been seen in midcap stocks, due to which the Nifty midcap index reached a record high of 50,684 points and closed at 50,624 points with a jump of 395 points. NSE’s Smallcap Index also crossed the 17000 mark and reached 17,051 points. However, after the market closed, the index closed at 16,981.30 points with a jump of 94.50 points. Apart from this, IT, Pharma, FMCG, Media, Consumer Durables, Oil & Gas and Healthcare stocks closed sharply in today’s trade. While banking, auto, energy, metals stocks closed with a decline. Out of 30 Sensex stocks, 6 stocks closed with gains and 24 closed with losses.
rising and falling shares
In today’s trading, Tech Mahindra closed with a rise of 7.43 percent, Divi’s Lab 4.49 percent, LTI Mindtree 3.31 percent, Bajaj Auto 2.74 percent, BPCL 1 percent. While among the fallers, Bajaj Finance closed with a fall of 7.73 percent, Bajaj Finserv fell by 3.52 percent, Nestle closed with a fall of 3.12 percent.
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