Closing with the Sensex decline

Sensex ends down

Mumbai- The pressure of the sell-out in the market was clearly visible. The Sensex has closed down by 100 points. The Nifty has also closed close to 10870 with a slight weakness that means it is almost flat closed. On the other hand, before the RBI’s credit policy, there was a trend of weakness in the bank nifty.

Bank Nifty closed with a weakness of 150 points. The midcap index is also 0.25 percent broken. At the same time, the smallcap index closed with a modest gain of 0.08 percent. Due to the weakness in the market, bluechip stocks declined. Most heavy shares, including Reliance Industries (RIL), Hindustan Unilever, ITC, HDFC Bank and SBI, declined between 0.5% and 2%. Stock market red marks were closed by selling in all sectors except IT (IT).
In the top-end stocks, BPCL was the biggest climbing stock with a gain of 3% in the Nifty 50. Indiabulls Housing Finance recorded a gain of 2.64 per cent. Apart from this, there is an increase of 2 to 2.50% in UPL, ONGC and Infosys.

On the other hand, Sun Pharma was the top stock in the fall for the second consecutive day, with 2.74 per cent weakness. In addition, Mahindra & Mahindra saw 2.73 per cent, Grasim Industries at 2.18 per cent, HDFC 2.09 per cent and SBI 1.50 per cent. Between the trend of decline, good stocks were seen in the IT sector stocks. Wipro was 1.89 percent, Infosys 1.89 percent, HCL Tech at 1.85 percent, Tech Mahindra 1.45 percent and TCS 1.38 percent.