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Market outlook: After day-long ups and downs, the market closed with a decline today. At the end of trading, the Sensex fell 294.32 points or 0.47 per cent to 62848.64 and the Nifty fell 91.90 points or 0.49 per cent to close at 18634.50. Around 1457 stocks saw gains in today’s trade. While in 1994 the stocks declined. There, there was no change in 106 shares. Grasim Industries, Kotak Mahindra Bank, Sun Pharma, Tech Mahindra and Apollo Hospitals were the top Nifty losers while NTPC, JSW Steel, ONGC, Power Grid Corp and Larsen & Toubro were the top Nifty gainers.
Except Power and Capital Goods, all sectoral indices closed in the red.
Except Power and Capital Goods, all the sectoral indices closed in the red. Like the giants, weakness was seen in small-medium stocks today. BSE Midcap and Smallcap index have seen a decline of 0.5 per cent. The rupee also closed with a slight decline against the dollar today. Today, the rupee has weakened by 3 paise against the dollar and closed at 82.57. While the rupee had closed at 82.54 against the dollar yesterday.
Market outlook: Today the market closed in the red mark, know how it can move on June 09
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