Stock Market Closing On 3 January 2024: In the first trading week of the new year 2024, the Indian stock market closed with a huge fall due to profit-booking for the second consecutive session. A big decline has been seen in IT and metals stocks. However, there was buying in mid cap and small cap shares. At the end of today's trading, BSE Sensex closed at 71,356 points with a fall of 536 points and Nifty of National Stock Exchange closed at 21,526 points with a fall of 148 points.
Sector condition
In today's session, IT and metals stocks were responsible for the decline in the market, in which strong profit booking was seen. Nifty's IT index fell by 888 points and closed at 34,395 points. There was a decline in metals stocks. Apart from this, auto, commodity, banking stocks also closed with decline. Whereas stocks of Pharma, FMCG, Real Estate, Energy, Infra, Healthcare, Oil & Gas and Consumer Durables sectors closed with gains. Mid cap and small cap indices also closed in the green. Of the 30 Sensex stocks, 10 closed with gains and 20 closed with losses. Whereas out of 50 shares of Nifty, 18 shares closed with gains and 32 closed with losses.
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