Mumbai, 24 April (IANS). The Indian stock market closed in a red mark in Thursday’s trading session. At the end of the trading, the Sensex was at 79,801.43 with a weakness of 315.06 points or 0.39 percent at 79,801.43 and the Nifty was 82.25 points or 0.34 percent with a weakness at 24,246.70.
Pharma, metal and media index are closed in green mark on sectoral basis. Auto, IT, PSU Bank, Financial Services and FMCG index are closed in red mark.
This is the first time the stock market closed in red mark after the rise of seven consecutive trading sessions.
Light selling was also seen in midcap and smallcap. The Nifty Midcap 100 index closed at 54,969.85 with 71.25 points or 0.13 percent weakness and Nifty Smallcap 100 index 6.25 points or 0.04 percent to close at 16,963.
The Sensex pack had IndusInd Bank, UltraTech Cement, Tata Motors, Tech Mahindra, Sun Pharma, Titan, Asian Paints, Axis Bank, Bajaj Finserv, Tata Steel and NTPC top gainers. HUL, Bharti Airtel, ICICI Bank, Eternal, M&M, HCL Tech, Kotak Mahindra Bank and HDFC Bank were the top losis.
However, the market trend was mixed. 1,926 shares on the Bombay Stock Exchange (BSE), green mark, 2,011 shares in red mark and 149 shares closed without any change.
In the research at Railor Broking Limited, Senior Vice President, Ajit Mishra said, “The Indian stock market traded in a limited range on the last day of the derivatives contract of April. Consolidation can be seen in the market in the coming sessions.”
Apart from this, he advised investors to use decline opportunities for shopping and focus on stocks.
The market started in a red mark. At around 9.30 am, the Sensex was trading at 79,895.46 at 79,895.46 at around 9.30 am, while the Nifty was 75.55 points or 0.31 percent to 24,253.40.
Foreign institutional investors (FIIs) bought shares worth Rs 3,332.93 crore on 23 April. Meanwhile, domestic institutional investors (DIIs) sold shares worth Rs 1,234.46 crore on the same day.
-IANS
ABS/
