The stock market closed on red mark on Friday. The market declined even after the RBI reduced the repo rate by 0.25 percent. At 3.30 pm, the stock market fell 211 points to close at 77,846 points. While the Nifty fell 42.25 points to close at 23,561 points.
Closed on red mark
After the RBI policy, the market was seen in profit booking and the Sensex-Nifty closed in red mark. ONGC, ITC, Britannia, SBI, Adani Ports were the most fallen shares in the Nifty. While Tata Steel, Bharti Airtel, Trent, JSW Steel, Hindalco were the most profitable among the Nifty shares. At the end of the trading, the Sensex fell 197.97 points, or 0.25 per cent to close at 77,860.
Closed with cuts
The Nifty Midcap index closed with a slight increase. On the other hand, the smallcap index closed down 0.3 percent. On the regional front, the Nifty Metal Index closed with a gain of over 2 percent. On the other hand, PSU Bank, FMCG, Media, Oil and Gas Index closed down 1 percent.
