Nifty Smallcap 100 continued its rally for the 12th session, rising 0.19% to 19,528.
The domestic stock market closed with a decline on the first trading day of the week i.e. Monday. At the end of trading, the benchmark index of Bombay Stock Exchange (BSE) closed at the level of 81,508.46 with a fall of 200.66 points. Similarly, Nifty of National Stock Exchange also declined by 58.8 points and closed at the level of 24,619.00. Nifty Midcap 100 rose 0.51% today to 59,002, marking the 17th consecutive session of gains. Similarly, Nifty Smallcap 100 continued its rally for the 12th session, rising 0.19% to 19,528.
Movement seen in these shares
Benchmark indices fell for the second consecutive session due to heavy losses in FMCG and Reliance Industries stocks. Although in today’s trading, HDFC Bank and IT Pack provided some support to the market, but were not able to lift the index. At the beginning of trading today, L&T, SBI Life Insurance, Kotak Mahindra Bank, HDFC Bank, Adani Ports were the major gainers on Nifty, while decline was seen in Tata Consumer, HUL, Nestle, Tata Motors, Britannia Industries.
Fall in these stocks
According to Moneycontrol, among the pharma sector stocks like Laurus Lab, Divis Lab and Piramal saw a decline. In today’s trading, pressure was seen on the shares of auto and pharma sector companies. Media and FMCG indices also showed a declining trend. Shares of PSU banks were also seen trading in decline.
Shares of this company are at the highest level in three years
Shares of CarTrade Tech, one of India’s largest online classifieds and auto auction platforms, hit a three-year high of Rs 1,618 on the BSE on Monday. The stock gained 3 percent intraday. The smallcap company’s stock was trading at its highest level since September 2021.
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