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Stock Market Fells Sharply After Opening In Green, Closes In Red After Heavy Profit Booking From Higher Level – Newshubweek

Stock Market Fells Sharply After Opening In Green, Closes In Red After Heavy Profit Booking From Higher Level
– Newshubweek
Written by Arindam

Stock Market Closing On 03rd June 2022: On the last trading day of the week, there was heavy volatility in the Indian stock. The market was trading fast since morning. But due to profit-booking of investors in the afternoon, the market lost its gains. And after the end of today’s business, the market closed in the red mark. At the close of the market today, the Sensex 49 and the Nifty closed with a slight decline of 43 points.

market condition
At the end of the last trading session of the week on Friday, the Sensex of the Mumbai Stock Exchange fell 49 points to 55,769 points, while the Nifty of the National Stock Exchange closed 44 points down at 16,584 points.

Sector’s condition
In the stock market today, only IT and Oil and Gas sectors have been bullish. On the other hand, all other sectors, from banking to auto, FMCG, energy, media, metals, all closed with a decline. Of the 50 stocks of Nifty, 38 shares closed in the red mark and 12 shares closed in the green mark. All 30 stocks of Sensex closed in 10 green mark and 20 shares in red mark.

rising stocks
After the fall in the stock market, many stocks closed sharply. In which Reliance 1.89 percent, Infosys 1.03 percent, Larsen 0.69 percent, HCL Tech 0.60 percent, Sun Pharma 0.58 percent, Wipro 0.49 percent, TCS 0.41 percent, HUL 0.37 percent, Tech Mahindra 0.33 percent, Power Grid 0.31 percent. Has happened.

falling stocks
Looking at the falling shares, UltraTech Cement 5.45 percent, Maruti Suzuki 2.71 percent, NTPC 2.39 percent, Bajaj Finserv 1.99 percent, IndusInd Bank 1.97 percent, Axis Bank 1.68 percent, Mahindra 1.40 percent, Bharti Airtel 1.31 percent, Tata Steel 1.28 percent. Closed with a decline.

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Arindam

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