Mumbai, June 19 (IANS). The Indian stock market closed in a red mark in Thursday’s trading session. There was all -round selling in the market. At the end of the trading, the Sensex closed 82.79 points or 0.10 percent with a decline of 81,361.87 and the Nifty fell 18.80 points or 0.08 percent to close at 24,793.25.
The decline in the market was led by midcap and smallcap shares. The Nifty Midcap 100 index was down 949.25 points or 1.63 per cent to 57,159.95 and the Nifty Smallcap 100 index was 365.35 points or 1.99 per cent to 18,013.10.
IT, PSU Bank, Financial Service, Pharma, FMCG, realty and energy were the most demolished index on sectoral basis. The auto and conjugation index closed in the green mark.
The Sensex packs were M&M, Titan, L&T, Bharti Airtel, Maruti Suzuki, Eternal (Zomato), Kotak Mahindra Bank, Tata Motors and HDFC Bank Top Gainers. Bajaj Finance, Tech Mahindra, IndusInd Bank, Nestle, Tata Steel, SBI, Infosys, NTPC, TCS, Bajaj Finserv and Asian Paints were top losquen.
Vinod Nair, Research Head of Geojit Investments Limited, said the Indian stock market traded in a limited scope due to alerting arguments worldwide due to concern of America being involved in the Middle East conflict. Investors’ mood was further affected by the decision to unchanged interest rates of Fed, while indicating continuous slow economic growth, which affected software export shares.
He further said that during the business session, selling was seen in midcap and smallcap, while the performance of shares in largecap remained stable.
The stock market began with ups and downs. Around 9.34 am, the Sensex was trading at 81,446.32 with a slight gain of 1.66 points, while the Nifty was trading at 9.90 points or 0.04 percent to 24,821.95.
-IANS
ABS/
