Tuesday, 30 May 2023
IndiaStock Market

Domestic Stock Markets Drop on the Third Session

Today’s domestic stock markets lost money for the third session in a row, falling over 1.5 percent amid conflicting global indications.

The Bombay Stock Exchange’s (BSE) Sensex fell 897 points, or 1.52%, to close at 58,238. The National Stock Exchange’s Nifty closed at 17,154 after losing 259 points, or 1.49 percent.

Domestic Stock Market

A marginal decline of 1.8 percent was seen in the BSE Mid-Cap index, while a 2% fall was seen in the BSE Small Cap index.

Tech Mahindra gained 6.8 percent of the 30 companies that make up the Sensex, while the other 29 companies lost ground.

  • Domestic stock markets lost money for the third session
  • Only Tech Mahindra gains 6.8% in the Sensex
  • Shares of 2,838 companies fell, and 766 companies gained on the overall market breadth.

SBI Bank dropped 3.2 percent, Tata Motors dropped 3.1 percent, and IndusInd Bank dropped 7.5 percent.

In the BSE, every sectoral index finished in the red. The Telecom sector lost 2.1 percent, the Auto industry lost two percent, and the Bankex sector fell 2.2 percent.

Shares of 2,838 companies decreased while shares of 766 companies increased, resulting in a negative market breadth overall. 153 shares in total stayed unchanged.

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