With strength in the morning, the open market gradually lost all the gains.
Nifty and Sensex closed with a fall.
Buying was seen in FMCG and Pharma shares.
Mumbai. On the day of monthly expiry, the Indian stock market fell again today. With strength in the morning, the open market gradually lost all the gains and started trading in the red mark. Fearing an increase in interest rates, there is a continuous sell-off in the market. RBI on Friday
Before announcing its monetary policy, the market again saw a decline.
Benchmark Nifty50 closed down at 16818. While the BSE-Sensex also fell and closed at the level of 56,409. Today during the day Nifty also broke the important level of 16800. Although the closing took place above 16800. Today, the biggest fall was seen in IT stocks. On the other hand, FMCG and Pharma index supported the market. Buying was seen in the shares of both these sectors.
The market was closed on the red mark on Wednesday
On Wednesday, the 30-share BSE Sensex closed at 56,598.28 points, down 509.24 points, or 0.89 per cent, in the previous session. Similarly, the Nifty of the National Stock Exchange closed at 16,858.60, down 148.80 points, or 0.87 per cent.
FIRST PUBLISHED : September 29, 2022, 15:51 IST