Stock Market Closing: Indian stock market closed with a decline due to profit booking

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Stock Market Closing On 17th November 2022: The Indian stock market has closed with a decline. The stock market declined due to profit-booking in auto, IT and consumer durables sectors. Earlier, the market saw ups and downs throughout the day, but at the end of today’s trading, the Mumbai Stock Exchange’s index Sensex fell by 230 points to 61,750 and the National Stock Exchange’s index Nifty closed down 65 points at 18,243.

Looking at the sectors, there was a decline in the shares of Banking, IT, Auto, Pharma, FMCG, Metals, Energy, Consumer Durables sector. Only public sector banks, real estate and infra sector shares closed in the green. The Midcap and Smallcap indices also closed down. Out of 30 Sensex stocks, 8 closed with gains while 22 declined. Whereas, out of 50 stocks of Nifty, 17 stocks closed with gains and 33 stocks with a decline. Trading was seen in 3616 shares in the market, in which 1520 shares closed with a rise and 1989 shares fell. The price of 123 shares was trading at 52 weeks high while 59 shares were trading at 52 weeks low. The market cap of the market has come down to Rs 283.16 lakh crore.

climbing stocks
In today’s trading session, Tata Consumer 2.14%, Adani Enterprises 1.56%, Larsen 1.30%, ICICI Bank 0.68%, Bharti Airtel 0.59%, HDFC Life 0.59%, Power Grid 0.55%, UPL 0.51%, Adani Ports 0.39%, Axis Bank It closed with a gain of 0.33 per cent.

falling stocks
If you look at the stocks that declined, Titan Company’s share was 2.36 per cent, Mahindra & Mahindra 2.13 per cent, Tata Motors 1.95 per cent, Apollo Hospital 1.76 per cent, Eicher Motors 1.75 per cent, Maruti Suzuki 1.63 per cent, Hindalco 1.55 per cent, Bajaj Auto 1.42 per cent. HDFC closed down 1.41 per cent.

 

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