Bharti Airtel was the only profitable share of the 30 companies involved in the Sensex on Tuesday.
There was a tremendous decline in the domestic stock market on Tuesday. The benchmark Sensex closed down with a strong fall of 1,018.20 points. The National Stock Exchange’s Nifty also fell 309.80 points to close at the level of 23,071.80. The index fell down due to a decline in auto and banking stocks. The stock market continued to decline in the fifth consecutive season on Tuesday, as weak global signals and continuous foreign withdrawal affected investors’ perception.
Top gainer and top loser stocks
According to the news, Bharti Airtel was the only profitable share of the 30 companies involved in the Sensex, while all the other stocks closed in red mark. Among the major losses, Zomato closed in red mark with a decline of 5.24%. In addition, Tata Steel declined by 2.84%, Tata Motors declined by 2.70%, power grid declined by 2.68% and Larsen & Toubro declined by 2.41%, as shares fall due to widespread market selling I.
In the Nifty 50 pack, Adani Enterprises gained 1.32% gains, followed by 0.76% gain in Grasim Industries, 0.52% gains in Trent, Bharti Airtel gained 0.17% and Britannia recorded a growth of 0.09% Was done. Eicher Motors 6.70%, Apollo Hospitals 6.61%, Sriram Finance 4.51%, Coal India 3.37%and BEL 3.29%fell 3.29%.
Nifty Bank also fell strongly
In today’s business, the Nifty Bank fell 1.16% to close at 49,403.40 due to weakness in financial shares. The Nifty Midcap 100 declined by 3.02%, which dropped more than 1,500 points, while the Nifty Smallcap lost 3.50%. This is a sign of heavy selling in small stocks. The Nifty Midcap 50 index also declined drastically, which fell to 2.85%.
Today’s condition in Asian market
According to CBS42, there was a decline in stock in Asia on Tuesday. The decline was seen after US President Donald Trump imposed 25% tariffs on all US imports of steel and aluminum. Hong Kong’s Hang Seng index fell 1.06% to 21,294.86, while Shanghai Composite fell 0.12% to 3,318.06. The Japanese markets remained closed due to national holiday. Meanwhile, there was no significant change in S&P/ASX 200 in Australia and South Korea’s KOSPI rose 0.71% to 2,539.05. The early European trading remained stable, with France’s CAC 40 0.05% below, while Germany’s dax rose 0.02%. Britain’s Ftse remained 100 0.05% below.
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