Stock Market Closing: Market did not like RBI’s decision, Sensex-Nifty closed after falling due to increase in repo rate
New Delhi. The process of decline in the stock market continued even today. The open market today once again closed on the red mark with a very slight gain. After the announcement of increase in the repo rate of RBI, there was a glow in the market for some time, but it could not last long. The Sensex today closed at 62410.68, down 215.68 points (0.34 per cent). At the same time, the Nifty lost 82.25 points (0.44 percent) and closed the business at the level of 18560.50.
The Sensex started trading this morning with a very slight gain of 9.56 points (0.02 per cent) at the level of 62635. At the same time, the Nifty started trading at 18644.20, up 1.40 points (0.01 percent). After the announcement of 35 basis points in the repo rate by the RBI, there was a boom in the market for some time and the Sensex touched the level of 62759 during this period. Nifty also reached the level of 18668 during this period.
which stocks beat
Hindustan Unilever (1.98%), BPCL (1.96%), Asian Paints (1.91%), L&T (1.50%) and Axis Bank (0.92%) were among the top gainers. On the other hand, SBI Life (-2.03%), NTPC (-2.00%), Bajaj Finserv (-1.79%), Tata Motors (1.69%) and Bajaj Auto (-1.62%) were the biggest losers. .
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Tags: BSE Sensex, business news in hindi, Nifty50, stock market
FIRST PUBLISHED : December 07, 2022, 15:36 IST