
New Delhi, July 10(HS): The domestic stock market declined for the second consecutive day, with both the Sensex and Nifty indices initially rising due to buying support before succumbing to selling pressure. The Sensex closed down by 0.41 percent and Nifty by 0.47 percent. Strong buying was noted in the realty, oil and gas, and metal sectors, while the banking, defense, IT, and FMCG sectors experienced continuous selling. Other sectors like pharmaceuticals, automobiles, capital goods, consumer durables, public sector enterprises, and tech indices also closed lower.
The BSE mid-cap index declined by 0.28 percent, but the small-cap index gained 0.12 percent. The day’s weakness resulted in a loss of approximately ₹1.25 lakh crore in investor wealth, reducing BSE’s market capitalization to ₹460.17 lakh crore from ₹461.39 lakh crore, leading to an approximate loss of ₹1.22 lakh crore.
In today’s trading, 4,161 shares were actively traded on BSE, with 1,961 shares closing higher, 2,062 lower, and 138 unchanged. On the NSE, 2,639 shares were active, with 1,196 in the green and 1,443 in the red. Out of the 30 Sensex shares, 6 closed higher and 24 lower, while 11 of the 50 Nifty shares were up, with 39 down.
The BSE Sensex opened at 83,658.20 points, reaching a peak of 83,742.28 points before declining to a low of 83,134.97 points. Ultimately, it closed down at 83,190.28 points, a loss of 345.80 points. Similarly, Nifty opened at 25,511.65 points, peaked at 25,524.05 points, then dropped to 25,340.45 points, and closed down at 25,355.25 points, down by 120.85 points. Top gainers included Maruti Suzuki and IndusInd Bank, while Bharti Airtel and HDFC Life were among the top losers.
Hindusthan Samachar / Jun Sarkar