Mumbai. Major indices in the domestic stock markets closed in the red on Tuesday due to last-minute selling in big companies. There was tremendous growth in IT companies while banking and financial companies put pressure on the market. Chemicals, public sector banks, realty and consumer durables groups also gained momentum. Indices from auto and pharma sectors also closed higher.
BSE Sensex fell 114.19 points (0.15 percent) to close at 75,200.85. The Nifty-50 index of the National Stock Exchange also fell by 31.95 points or 0.14 percent to 23,618 points. The Sensex opened higher in the morning and remained in the green for almost the entire day. It finally closed in the red due to selling in big companies in the last one hour. There was a rise in the macro market.
Nifty Midcap-50 index closed up 0.88 percent and Smallcap-100 index closed up 1.17 percent. Infosys shares rose by 45 per cent and those of HCL Technologies by 3.5 per cent. Tech Mahindra and Eternal also had a rise of about two and a half percent. TCS shares closed up two percent. Shares of State Bank of India, Trent, Power Grid and NTPC also remained strong.
Kotak Mahindra Bank shares fell by two and a half percent. Shares of UltraTech Cement, Titan, Adani Ports, Bharti Airtel, Sun Pharma, Indigo and Hindustan Unilever fell between one and two per cent. Reliance Industries, BEL, ICICI Bank, HDFC Bank, Asian Paints and Maruti Suzuki also declined.
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Stock markets closed : Stock markets closed in the green, major indices rose due to buying in big companies
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