Today’s decline in domestic markets dominated. Today Both Sensex and Nifty Have Closed with loss of more than 1 percent. Nifty slipped below 8,100, the Sensex fell by over 300 points. The market continued to decline in early trading environment. Sensex today tanked by 26 183, while the Nifty had slipped to 8070. Nifty was down at the end of 8100, while the Sensex closed around 26200.
Midcap and Smallcap stocks dominated the selling Pressure today. The BSE midcap index closed down 1.25 percent, while the Nifty Midcap 100 index has weakened about 1.5 percent. The BSE Smallcap Index fell 1.25 percent to close.
Today the market has witnessed all-round selling. FMCG, auto, IT, metal, pharma, infrastructure, capital goods, consumer durables and oil & gas stocks were thrashed. The Bank Nifty was down 1 per cent, down to 18250, while the Nifty PSU Bank Index has declined about 1 percent.