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Stock market update 9th December: Sensex slips 389 points, Nifty closes below 18,500, IT shares slide

The Indian stock market closed with a decline on the last trading day of the week. Selling has been seen in the market. Today Bank Nifty slipped after touching record high. The biggest decline was seen in IT stocks. There was selling pressure in realty, metal stocks. At the end of trading, the 30-share BSE Sensex closed at 62,181.67, down 389.01 points, or 0.62 per cent. At the same time, the National Stock Exchange’s Nifty closed at 18,496.60, down 112.70 points, or 0.61 percent.

HCL Technologies, Tech Mahindra, Infosys, Wipro and Hindalco Industries are the top Nifty losers in Friday’s trade. Whereas Nestle India, Sun Pharma, Dr Reddy’s Laboratories, Titan Company and Eicher Motors are the top Nifty gainers.

The markets closed on the green mark on Thursday

In the trading session on Thursday, the 30-share Sensex closed at 62,570.68 points with a gain of 160 points on Thursday. The National Stock Exchange’s Nifty also closed at 18,609.35 points with a gain of 48.85 points.

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