On the second day of the week today (March 11), there was a period of fluctuations in the Indian stock market. Today the 30 -share Sensex opened at 73,743.88 and reached a high of 74,195.17. Finally it closed on the red mark with a decline of 12.85 (0.02%). At the same time, the Nifty opened at 50 22,345.95, which reached a high level of 22,522.10. After this, it finally rose 37.60 (0.17%) to close at 22,497.90.
The BSE Midcap index increased by 0.7%, while the smallcap index declined by 0.7%. The most profitable shares in the Nifty included Trent, Sun Pharma, ICICI Bank, Shriram Finance and BPCL. At the same time, the most damaged shares included IndusInd Bank, Infosys, Bajaj Finserv, Power Grid Corp and M&M.
Talking about the sectors, metal, realty, telecom, oil and gas were seen by 0.5 to 3 per cent, while auto, IT and bank sectors saw a decline between 0.3 and 0.7 per cent.
Let us tell you that the impact of repeated changes in President Trump’s tariff policy and the uncertainty arising from it has started showing on the American stock markets. Yesterday the S&P 500 declined by 2.6% and Nasdaq by 4%, which was a market reaction to Trump’s tariff and the possibility of recession in the US by the end of the year.