Mumbai, March 10 (IANS). Monday’s trading session for the Indian stock market was loss. Almost all the indices of the market are closed in red mark. At the end of the trading, the Sensex fell 217.41 points or 0.29 percent to 74,115.17 and the Nifty was 92.20 points or 0.41 percent to 22,460.30.
Midcap and smallcap declined a big fall compared to largecap. The Nifty Midcap 100 index was 750.50 points or 1.53 percent weakness and 48,440.10 and the Nifty Smallcap 100 index was down 306.15 points or 1.97 percent to 15,198.15.
Auto, IT, PSU banks, financial services, realty, energy, infra, commodity and media index are closed in red mark on sectoral basis. Only the FMCG index is closed in the green mark.
The Sensex pack had Power Grid, HUL, Infosys, Nestle, Asian Paints, ITC, Sun Pharma and ICICI Bank Top Gainers. IndusInd Bank, Zomato, L&T, Titan, Bajaj Finance, M&M, Reliance Industries and Tech Mahindra were the top losis.
There was a trend in the stock market on a large scale. 1,204 shares on Bombay Stock Exchange (BSE) in green mark, 2,879 shares in red mark and 146 shares closed without any change.
Technical and derivative analyst of Ashika Institutional Equity, Sundar Kewat said that Nifty started the trading session positive and opened at 22,521 and made an intraday high of 22,676. However, the index failed to stand at a higher level and the second part of the trading session saw fast selling. In the fall, the Nifty reached the intraday low of 22,471, which reflects selling pressure in major areas.
Around 9.30 am, the Sensex was trading at 125.06 points or 0.17 percent to 74,457.64, while the Nifty was trading at 39.35 points or 0.17 percent to 22,591.85.
Foreign institutional investors (FIIs) continued their selling on March 7 and sold shares worth Rs 2,035.10 crore. However, domestic institutional investors (DIIs) bought shares worth Rs 2,320.36 crore on the same day.
-IANS
ABS/
