Indian shares closed with a fall for the second consecutive day, investors booked profits in IT stocks

Stock Market: The round of profit-booking continued in the Indian stock market on Thursday as well. The market was open in the morning with an increase, but due to the booking of profit by the investors from the upper levels, the market came in the red mark. At one time there was a decline of 1100 points in the Sensex and 234 points in the Nifty. However, before the closing of the market, the investors returned buying at the lower levels, due to which the market recovered a bit. At the end of Thursday’s trading, the Sensex fell by 336 points to 60,923 Nifty closed at 18,178 points with a fall of 88 points.

rising stock

Among the big stocks, the best rally in today’s trading was seen in the share of Kotak Mahindra Bank, which closed 6.51% higher at 2145, HDFC’s share rose by Rs 47.45 to Rs 2842.90, ICICI Bank’s share rose by Rs 11.30 to Rs 756.85, Grasim’s Shares rose 3.15 per cent to Rs 1745.80, Tata Motors shares rose 4.33 per cent to Rs 508.

The brakes on the fall in the share of IRCTC

The brakes were put on the decline in the share of IRCTC for the last two days. After falling up to 32 percent, buying in IRCTC stock returned today. Shares of IRCTC closed at Rs 4573, up 3.13 per cent.

Shares of IT companies fall

There was a big fall in the shares of IT companies. In today’s trading session, the shares of Reliance, Infosys and Hindalco saw a decline in the big stocks. Investors also booked profits in the shares of Asian Paints. Shares of Asian Paints closed 5.29 per cent lower at Rs 3002, Reliance Industries down 2.88 per cent at Rs 2622.50, Infosys down 2.70 per cent at Rs 1753.65 and Hindalco shares down 3.74 per cent at Rs 493.75. On the other hand, COFORGE in IT stocks declined 6.39 per cent to Rs 5448.45 and Mindtree declined 6.37 per cent to Rs 4475.40.

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