The stock market declined on Tuesday due to investors being vigilant amidst profits in banking and petroleum shares and increasing tension between India and Pakistan. Today, on May 6, both the Sensex and Nifty have declined at 3.30 pm. On the second day of the week, the Sensex -155.77 (0.19%) points fell at 80,641.07. On the other hand, the Nifty closed at 24,379.60 below -81.55 (0.33%) points.
During the day trading, it fell 315.81 points or 0.39 percent to 80,481.03 points. The NSE Nifty fell 81.55 points or 0.33 percent to close at 24,379.60. Analysts said that business activities in the market were limited before the US Federal Reserve policy rate decision and concerns about the US-China trade talks.
Decline in these shares
Sensex companies have been the most damaged of Eternal (formerly Zomato), Tata Motors, State Bank of India, Adani Ports, NTPC, IndusInd Bank, Bajaj Finance, Asian Paints, Axis Bank and Sun Pharma.
These shares were in profit.
On the other hand, shares of Bharti Airtel, Tata Steel, Mahindra & Mahindra, Hindustan Unilever, Nestle and Maruti saw a boom. On Monday, the BSE Sensex rose 294.85 points to close at 80,796.84, while NSE Nifty rose 114.45 points to close at 24,461.15.
