Sensex and Nifty as on 30th May
Share Market Highlights
The key stock market indexes started Thursday's trading session in the red zone. In the opening trade, the NSE Nifty 50 starts lower by 87.25 points or 0.38% at 22,617.45, and the BSE Sensex decreases by 137.01 points or 0.18% to 74,356.90. The larger indexes started trading with a downturn. The Bank Nifty index starts the day with a decrease of 187.75 points or 0.39%, closing at 48,313.60.
By the end of trading, the Sensex fell by 617.30 points, representing a decrease of 0.83% at 73,885.60, while the Nifty dropped by 216 points or 0.95% at 22,488.70. The Nifty50 index finished the May series with a 0.4 percent decrease.
Following a slow beginning, the market continued to decrease throughout the day, pulling Nifty towards 22,400 due to selling in all sectors except banking. Yet, the last hour of purchasing mitigated some of the losses incurred during the trading day.
Tata Steel, Tech Mahindra, Power Grid Corporation, Wipro, and Titan Company were among the top losers on Nifty, with ICICI Bank, Axis Bank, HDFC Bank, SBI, and Kotak Mahindra Bank being the top gainers.
In different sectors, the Bank index increased by 0.5 percent, whereas the Auto, FMCG, Metal, IT, and Healthcare indices all dropped by 1-2 percent. Both the BSE midcap and smallcap indices experienced a decrease of 1.2 percent each.
Over 100 stocks hit their 52-week high on the BSE, such as Aditya Birla Fashion, BF Utilities, Coromandel International, EID Parry, Emami, Heritage Foods, Indian Bank, Jupiter Wagons, KNR Construct, Mazagon Dock, Samvardhana Motherson, Saregama India, Suprajit Engineering, and UNO Minda.
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