Share Market Closing: Despite a good rise in global share markets,Indian stock markets closed with a red mark for the sixth consecutive trading session. The BSE Sensex with a loss of 141.87 closed at a level of 56,463.93 points. Similarly, NSE Nifty closed at the level of 17,465.80 points with loss of 45.45 points. Adani Enterprises registered the most loss of 5.11 per cent on the Nifty.
Top Loser of Sensex
Mahindra and Mahindra shares saw the maximum fall of 2.39 percent. Similarly, shares of Tata Steel, Tata Motors and Larsen & Toubro (L&T) closed with a fall of more than one per cent.
Top gainers of Sensex
Asian Paints’ stock closed with the biggest gain on the Sensex. Similarly, shares of Bajaj Finserv, NTPC, Powergrid, Reliance Industries, Axis Bank and Ultratech Cement also closed with decent gains.
Why market is declining
According to experts, There is a widespread lack of confidence in the domestic stock market. Due to this, the Indian market declined for the sixth consecutive trading session despite the rise in the global markets.
