The Indian stock market witnessed the BSE Sensex close in the red today as most of the index majors saw losses.
The Nifty 50 settled at 23,883, which marks a negative of around 1%. Overall, the number that led to this was Britannia, which declined by over 7% today after the firm came up with its results for the second quarter. BEL witnessed a fall of over 3% as the top stocks such as NTPC, Asian Paints, HDFC Bank, SBI, Tata Motors, Maruti, and Bajaj Auto pulled the market down.
Banking index ends at 51,157 as ICICI Bank, IndusInd Bank, and Federal Bank were in a downfall. These key banking stocks made the sector red, and it had an impact on the market’s overall sentiment.
Consequently, the Nifty Next 50 too declined and closed at 68,448. Some of the factors that have acted as a deterrent include Motherson, where the stocks fell more than 6%, followed by HAL and Bosch Ltd, falling more than 4%. Other detractors in the fall include GAIL, Tata Power, ABB, and BHEL.
The BSE 200 index reflected the overall market trend as it closed at 10,996, where it witnessed declines in BEL and NTPC with a loss more than 3%. More pressure came in from Voltas, Cummins India, Marico, and NMDC.
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Tomorrow 13th Nov is celebrated as World Kindness Day!
As stated in Bhagavad Gita :
विद्या विनय सम्पन्ने ब्रह्मणि गवि हस्तिनि।
शुनि चैव श्वपाके च पाण्डिताः समदर्शिनः।
The wise see with equal vision a learned and humble scholar, a cow, an elephant, a dog, and a dog-eater.
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