Rudra Investment expert says Bank Nifty Share Price After the day's upsurge, the Sensex slipped 218.78 points to close at 34981.02 on Thursday. On the other hand, the Nifty hit a low of 73.30 and reached a level of 10526.75. Nifty is the biggest 3.04 percent fall in Mahindra & Mahindra
Top 5 Loser Stocks
Nifty 50 Hindalco, Bajaj Finance, Grasim Industries, Indian Oil were among the worst-breaking stocks, with a decline of 2 to 2.50 percent. Apart from this, Adani Ports, L & T, HDFC, Infosys were among top gainers, with an increase of 2 percent.
Nifty bank, auto decline, including all indices
Bank Nifty Share Price expert says The Nifty IT index supported the stock market till noon, but till the end of the trading sessions, it also came in red marks. Nifty IT index closed 0.31 percent lower In IT stocks, TCS and Infosys are flat, while Wipro, Knit, has dropped by 2 to 3 percent. On the other hand, Nifty Auto registered 0.62%, Nifty FMCG 0.50%, Nifty Pharma 0.78%, Nifty PSU Bank 1.50% and Nifty Bank 1% weakness.
Heavy selling in banking stocks
Heavy selling was registered in the banking stocks. Union Bank, Indian Bank, Bank of Baroda, PNB, SBI declined from 1.50 percent to 2.25 percent.
Private banks did not even survive the fall. ICICI Bank, Yes Bank, IndusInd Bank dropped 1 to 1.50 percent.
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