Mumbai: This week has been full of ups and downs for the Indian stock market. This week, the market has seen a sharp decline, more than that. On the last trading day of the week, the Sensex started 500 points, while the Nifty rose by 150 points. During this time the Sensex has crossed the 32 thousand mark, while the Nifty was seen to trade beyond the 9300 marks.
Explain that after touching the day's low of 31,362.87 points on Thursday, the Sensex finally ended with a loss of 242.37 points or 0.76 per cent at 31,443.38 points. Similarly, the Nifty lost 71.85 points or 0.78 percent to 9,199.05 points. The banking sector shares witnessed strong gains in the initial trade. IndusInd Bank, Kotak Bank, ICICI Bank, Axis Bank were named among the top gainer's shares.
On the other hand, HUL, Sun Pharma, Airtel and Reliance were the leading stocks. In the red mark, shares of Powergrid, HCL, NTPC were seen trading. There was a slowdown in the stock market on Tuesday and Monday except Wednesday. On Wednesday, the Sensex closed at 31,685.75, up 232.24 points, or 0.74 percent. The Nifty remained at 9,270.90 with a strength of 65.30 points i.e. 0.71 percent.
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