Categories: Business

Stock market ends in red on Tuesday


Stock market today

New Delhi: The stock market has closed with a fall in Tuesday's trade due to selling in heavyweights. However, leading indices managed to reduce their losses to a large extent due to purchases at lower levels. In today's trade, the Sensex has fallen by 190 points to 31371 and the Nifty has fallen by 43 points to 9197.

Today's trading also showed a recovery to a lesser extent due to purchases at lower levels. The Sensex has closed 526 points higher than its low today. The decline in the index has been a significant addition to the stock giants. Reliance Industries closed down by 5.74 per cent, HUL 1.85 per cent and HDFC Bank by 1.52 per cent. The 20 stocks included in the Sensex closed up. Out of which 6 stocks rose more than 3 percent. However, the index closed in red due to a sharp drop in Reliance, the largest company by market cap.

On the other hand, the biggest loss in the entire market was recorded in the Energy Sector Index. The sector index closed with a fall of around 2 per cent due to the fall in RIL. The pharma sector index closed down 0.65 percent and the banking sector index fell 0.46 percent. On the other hand, the metal sector index closed up 1.16 percent, the FMCG sector index rose 0.71 percent and the IT sector index gained 0.7 percent.

This post was published on May 12, 2020 4:27 pm

Content Team

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