Sensex fluctuates by 1627.45 points, Nifty falls from record high, investors lose Rs 2.28 lakh crore

Stock Market Closing: After heavy profit booking in the stock market today, Sensex closed at 73878.15, down 732.96 points after falling by 1627.45 points. Nifty 50 fell 172.35 points to close at 22475.85 after touching a record high of 22794.70. In the market turmoil, investors pulled in a total of Rs. There has been a capital loss of Rs 2.28 lakh crore.

A total of 300 shares closed with the upper circuit in the last session, while 237 shares closed with the lower circuit. Stock specific improvement has been observed and a total of 256 stocks have reached year’s high. 18 stocks recorded year’s low. Out of total 3958 shares traded on BSE, 1538 shares closed with gains and 2296 shares closed with decline. Which indicates negative market breadth.

Only these stocks improved on BSE Sensex

In the Sensex pack, Bajaj Finance, Bajaj Finserv, M&M, SBI, ICICI Bank and Infosys rose between 0.11 to 0.75 per cent. All other 24 stocks declined by up to 2.74 percent.

Only metals and healthcare stocks improved

Among sectoral indices today, only metal and healthcare stocks were up. Metals improved by 0.81 percent and healthcare by 0.15 percent. Apart from this, telecom (1.42 percent), capital goods (1.18 percent), realty (1.09 percent), services (1.01 percent) declined.

The market through the eyes of a market expert

According to market experts, investors are currently booking heavy profits. Furthermore, a look at US non-farm payrolls data is showing a cautious stance towards new purchases. However, strong quarterly results locally and low crude oil prices are a positive sign for the market. There has been a huge decline due to selling by FIIs. But overall the market is expected to remain positive and suggests buying at lower levels.