Winning Bizness Desk
Mumbai. Friday's trading session has proved to be 'Black Friday' for the Indian stock market as after Thursday's holiday, the mood of the market has worsened due to the huge fall in the shares of Adani Group. Earlier, due to which investors have booked huge profits in the Indian stock market throughout the day today. Sensex slipped below 60,000 points. At one point the Sensex had rolled down by 1200 points. At the end of Friday's trading, the BSE Sensex had closed at 5930 points with a fall of 1.45 percent or 874 points. So the Nifty of the National Stock Exchange had slipped down by close to 400 points. And the Nifty has closed at 17,604 points with a fall of 287 points.
Big loss to investors
Investors have suffered huge losses in today's fall in the market. The market cap of companies listed on BSE decreased to Rs 269.74 lakh crore. Whereas on Wednesday, January 25, the market cap was Rs 276.69 lakh crore. That is, there has been a loss of Rs 6.95 lakh crore in today's trading session. In two trading sessions, investors have suffered a loss of close to Rs 10 lakh crore. In today's trading session, Banking Sector, IT, PSU Bank, Financial Services, Metals. There has been a big decline in the shares of the media, energy, infra and consumer durables sectors. While the stocks of Auto, Pharma, FMCG and Healthcare sectors gained momentum. Out of 50 Nifty stocks, 13 stocks closed with gains while 37 stocks declined. Out of 30 Sensex stocks, 8 closed with gains and 22 with losses.
In Friday's session, Tata Motors shares closed with a gain of 6.34 per cent, ITC 1.77 per cent, Mahindra & Mahindra 0.71 per cent, Ultratech Cement 0.51 per cent, NTPC 0.21 per cent, Sun Pharma 0.08 per cent. While SBI closed down by 5.01 per cent, ICICI Bank by 4.41 per cent, IndusInd Bank by 3.43 per cent, Axis Bank by 2.07 per cent, Kotak Mahindra by 2.03 per cent, Tech Mahindra by 1.97 per cent.