Stock market closes in red mark for the third consecutive day; Nifty below 17900
The domestic stock market closed on the red mark for the third consecutive day. On the last trading day of the week, the Sensex closed down by 452.90 points, trading at 59,900.37 points. It saw a decline of 0.75%. On the other hand, the Nifty closed at 17859.45 points with a decline of 132.70 points. There was a weakness of 0.74% in Nifty. Dabur shares closed down 4% while TCS shares closed down 3% in Friday’s trading session.
The total market capitalization of companies listed on BSE declined to Rs 279.78 lakh crore on Friday, January 6, from Rs 281.95 lakh crore on its previous trading day i.e. Thursday, January 5. In this way, there has been a huge decline in the market cap of companies listed in BSE today by about Rs 2.17 lakh crore.
Only 5 out of 30 Sensex stocks closed with gains today. Shares of Mahindra & Mahindra (M&M) gained the most by 1.07 per cent. After this, the shares of Reliance Industries (RIL), Nestle India (Nestle India), ITC and Larsen & Toubro (L&T) were the top gainers and closed with a jump of around 0.23% to 1.01%.
