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Market fell due to profit-booking from upper levels, Sensex and Nifty closed in red mark

Share Market Update: Tuesday has once again been a very volatile day for the Indian stock market. The market was open in the morning with a slight increase. But with the increase in business, there was a great boom in the market due to buying. But in the afternoon, profit-booking returned in the market and the market went down. At the end of trading today, the Sensex closed down 195 points at 57,064 points and the Nifty declined 70 points at 16,983 points.

The rise in the market can be gauged from the fact that the Sensex was trading with a gain of 923 points at one time and the Nifty was trading with a gain of about 270 points. But the selling phase started in the market and Sensex dived more than 1300 from above levels and Nifty dived more than 394 points.

Today, stocks related to IT, pharma, FMCG and real estate sectors saw a rise in the market. On the other hand, there was a big decline in the shares of Auto, Metals, Energy and Private Bank. However, buying was seen in midcap and smallcap stocks.

rising stocks

Power Grid closed with a gain of 3.25 percent, Titan 2.21 percent, SBI Life 2.14 percent and Shree Cement 2.10 percent.

falling stocks

Shares of Tata Steel closed down 3.91 per cent, Kotak Mahindra by 2.86 per cent, JSW Steel by 2.75 per cent and Adani Ports by 2.67 per cent.

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