A big fall was seen in the stock market on the last day of the trading week i.e. Friday. While the market was in the red when it opened in the morning, the situation in the stock market was still chaotic at 3.30 pm. Sensex fell 784.00 points to close at 79,159 points and Nifty fell 201.45 points to close at 23,987 points. Investors are now keeping an eye on companies’ third quarter results starting next week and the possibility of interest rate cuts in the US. This is why investors want to trade with caution.
Sensex-Nifty closed in the red
The 30-share BSE Sensex opened above 80,000 on Friday (January 3), but soon slipped into the red. At 1 pm, the Sensex was trading 493.07 points or 0.62% down at 79,450.64.
Similarly, Nifty-50 of the National Stock Exchange also opened with a slight gain but it fell as soon as it opened. At 1 pm Nifty was trading at 24,037.35, down 151.30 points or 0.63%.
top gainer
Tech Mahindra, Tata Consultancy Services, Infosys, ITC, ICICI Bank, Kotak Mahindra Bank, Sun Pharma and HDFC Bank were major losers among Sensex companies.
top loser
On the other hand, shares of Titan, Maruti, Tata Motors, Nestle, Ultra Cement, Tata Steel and Adani Ports are trading in the green.
