Winning Bizness Desk
Mumbai. Stock market investors faced another disappointment on Thursday as the stock market closed with a huge fall due to profit taking. Shares in banking, FMCG sectors witnessed selling and the BSE Sensex fell 440 points to close at 66,266 and the NSE Nifty fell 118 points to 19,699. At one point today, the Sensex was down 920 points and the Nifty 264 points from the day's high. But the market later recovered. Shares in Banking, Auto, IT, FMCG, Metals, Energy, Media, Consumer Durables and Oil & Gas sectors fell in intra-day trade. While stocks in the pharma and healthcare sectors saw buying. Nifty Pharma jumped 3.04 percent or 440 points. All 10 Nifty Pharma stocks closed higher. Mid-cap and small-cap indices also closed higher. Out of the 30 companies in the Sensex index, the share prices of 9 companies showed an uptick. So, out of 50 companies in the Nifty index, the shares of 17 companies closed with gains.
Several companies' stocks fell
In Thursday's trade, Sun Pharma closed up 2.10 percent, Tata Motors 0.83 percent, Bharti Airtel 0.69 percent, Larsen 0.62 percent, Infosys 0.30 percent, TCS 0.27 percent. So, Mahindra & Mahindra closed down 6.39 percent, Tech Mahindra 3.82 percent, Nestlé 2.08 percent, Bajaj Finance closed down 1.98 percent. Investors were hit by the fall in the stock market and the market capitalization stood at 303.59 lakh crores. On Wednesday, the market capitalization stood at Rs 303.92 lakh crore. Investors' wealth decreased by 33 thousand crores in Thursday's session.
1,783 shares fell
The Mumbai Stock Exchange (BSE) saw a higher number of shares close lower on Thursday. In the stock market, a total of 3,703 shares were traded today. Of these, 1,776 shares closed with gains. At the same time, 1,783 shares witnessed decline. While 144 shares closed unchanged. Apart from this, 201 shares took upper circuit in today's transaction. At the same time, 225 shares hit the lower circuit limit.