Share Market: closing on 25 Aug 2023

Share Market: Prior to the speech of the Federal Reserve Chairman, the Indian stock market became nervous, and Sensex-Nifty closed with a significant decline.

Share Market

Share Market Update: The market’s focus is on Federal Reserve Chairman Jerome Powell and the signals he gives regarding interest rates.

Share Market: Closing on 25 August 2023: The last trading day of the week proved to be extremely disappointing for Indian market investors. Due to global cues, the market witnessed significant selling pressure, causing Sensex to slip below 65,000 once again.

While there was a decline in banking and FMCG stocks, mid-cap shares also experienced a continuous decline despite the ongoing rally. In today’s trading session, the BSE Sensex closed at 64,886 points, down 365 points, while the National Stock Exchange’s Nifty ended at 19,265 points, down 121 points, with a decline of 121 points.

In today’s trading session, there was a decline in banking stocks. The Bank Nifty closed at 44,231 points, down 265 points. The FMCG stocks index also closed lower by 529 points. Additionally, shares in the auto, IT, pharma, metals, energy, consumer durables, healthcare, oil, and gas sectors closed with declines. The mid-cap index was down by 0.82%, and the small-cap index declined by 0.41%. Among the 30 shares of the Sensex, only 7 closed with gains, while the remaining 23 stocks experienced declines. As for the Nifty’s 50 shares, 9 closed with gains, while 41 shares witnessed declines.

Index Closure Level High Level Low Level Percentage
BSE Sensex 64,886.51 65,106.00 64,732.57 -0.56%
BSE Small Cap 36,055.96 36,251.12 35,829.35 -0.24%
India VIX 12.08 12.24 9.98 3.27%
NIFTY Midcap 100 38,471.25 38,805.80 38,385.15 -0.82%
NIFTY Small cap 100 11,869.45 11,954.80 11,786.45 -0.41%
NIfty smallcap 50 5,434.80 5,458.90 5,377.25 -0.05%
Nifty 100 19,193.90 19,278.50 19,162.70 -0.67%
Nifty 200 10,254.45 10,305.50 10,237.00 -0.69%
Nifty 50 19,265.80 19,339.55 19,229.70 -0.62%

 

Investors’ Wealth Decreased by 2 Lakh Rupees:

After a significant decline in the stock market, investors have incurred losses. The market capitalization of companies listed on the BSE has decreased to 3.06 trillion rupees, which was 3.08 trillion rupees in the previous trading session. In today’s trading session, investors have suffered a loss of 1.90 trillion rupees.

Rising and Falling Stocks:

Share Market: In today’s trading session, Bajaj Finserv closed with a gain of 2.40%, Asian Paints with 1.04%, Bajaj Finance with 1.04%, and ONGC with 0.92% increase. On the other hand, Dr. Reddy’s saw a decline of 2.17%, Adani Ports 1.92%, JSW Steel 1.87%, and Larsen 1.85%.

Leave a Comment