Sensex hits 793 points, closes below Nifty 11,600

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Sensex

Sensex After the budget is submitted, it seems that the Indian stock market has been completely occupied by bears. On Monday, BSE Sensex lost 792.82 points and Nifty 252.55. The Sensex closed at a low of 38,720.57 with a fall of 2.01 percent. On the other hand, the Nifty also closed with a decrease of 2.14 percent to 11,558.60 points. Experts believe that the increase in surcharges for super-rich people in the budget and minimum public participation in listed companies increased from 25% to 35%. During the trading session on Monday, the BSE Sensex lost more than 900 points.

Sensex hits 793 points, closes below Nifty 11,600

Among the shares of Nifty, the biggest decrease in the index was Bajaj Finserv (10.12%), Bajaj Finance (7.77%), ONGC (5.57%), NTPC (5.35%) and Hero Motacorp ( 5.26%).

Sensex

All sectors closed on Monday with a big drop. However, the worst decline was recorded in the Nifty PSU Bank, which broke 5.90%. Punjab National Bank closed with 11.25 percent and the Bank of India with 10.38 percent. Likewise, in terms of the second sectoral indexes, Nifty Realty fell by 3.49%, Nifty Media by 3.26%, Nifty Auto by 3.26% and Nifty Bank by 2.77%.

Of the 50 companies in the Nifty, the shares of 45 companies closed with a fall. Only 5 actions closed with green mark. In the five companies, despite the sharp decline, today sensex, Yas Bank (5.52 percent), HCL Technologies (2.18 percent), Bharti Infratel (1.17 percent), TCS (0.58 percent) ) and Tech Mahindra (0.21 percent). .

 

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