Business Desk, AnyTV, New Delhi
Published by: Deepak Chaturvedi
Updated Wed, 23 Feb 2022 03:41 PM IST
Summary
Stock Market Closed On Red Mark: On Wednesday, the stock market could not sustain the initial rally and closed on the red mark. The 30-share Sensex of the Bombay Stock Exchange closed at 57,232, down 68 points, while the Nifty of the National Stock Exchange slipped 29 points to close at 17,063.
hear the news
Expansion
Earlier, the Sensex opened at 57,607 with a gain of 307 points, while the Nifty index rose 95 points to start trading at 17,187. Significantly, due to rising tensions in Russia and Ukraine, the market opened with a fall on Tuesday and finally closed on the red mark. Sensex lost 383 points at 75,300 level, while Nifty was down 114 points to close at 17,092 level. Let us tell you that the stock market is closing with a decline for six consecutive days.
NTPC, Bajaj Finserv, Nestle, HDFC Bank, ICICI, TCS, Reliance, Sun Pharma, Axis Bank and PowerGrid were among the losers. Whereas, the shares of Kotak Mahindra Bank, Titan, IndusInd, Maruti, Wipro, Infosys, Bajaj Finance, UltraTech, Tata Steel, Airtel, and SBI closed with gains today. However, the market cap of Sensex-listed companies rose to Rs 255.68 lakh crore from Rs 254.76 lakh crore on Tuesday.