Share Market Closing: The market stalled before RBI’s decision, Sensex goes up due to selling
Today’s Share Market: Amidst ups and downs, the Sensex closed at 62,834.60, down 33.90 points at the end of trading on Monday. At the same time, Nifty closed at the 18,701 level with a decline of 4.90 points.
Highlights
⏩ Sensex is down 33.90 points to close at 62,834.60
⏩ Nifty closed at 18,701 with a decline of 4.90 points.
⏩ Sensex and Nifty touched their all-time highs last week.
Mumbai. The stock market was showing a boom on Monday morning and the sentiment of the investors was also looking positive. But, with the beginning of the Reserve Bank’s meeting today for other policy decisions including loan interest rate, investors also came under pressure. Sensex-Nifty closed flat amid volatility. At the end of trading, the Sensex closed at 62,834.60, down 33.90 points, or 0.05 percent. At the same time, the Nifty closed at the level of 18,701 with a decline of 4.90 points, or 0.03 percent.
Top-5 loser and gainer
Apollo Hospitals, Tata Motors, Reliance Industries, Tech Mahindra, and SBI Life Insurance are the top Nifty losers in Monday’s trade. On the other hand, Hindalco Industries, Tata Steel, UPL, ONGC, and Coal India are the top Nifty gainers.
Smugglers can’t be smarter than officials: Sitharaman
Finance Minister Nirmala Sitharaman addressed the personnel of the Directorate of Revenue Intelligence (DRI) on Monday. He urged them to find out whether there is any pattern between the import of gold and the smuggling of gold. The Finance Minister was speaking on the occasion of the 65th Foundation Day of DRI. The Finance Minister said that smugglers cannot be smarter than the officials. He further said that India needed “global cooperation to curb drug trafficking”.
