All-round selling in the stock market! Nifty also closed at the red mark if Sensex dropped 562 points.

A major decline was recorded in the stock markets today.

A major decline was recorded in the stock markets today.

Indian stock markets declined on 17 March 2021 due to selling in stocks of all sectors. BSE’s Sensex (Sensex) fell today and closed below the 50 thousand mark. At the same time, NSE’s Nifty recorded a decline of 189 points.

Mumbai. In the Indian stock markets (Stock Markets), bears continued to dominate and all-round selling was witnessed. Due to this, on March 17, 2021, there was a big fall in the stock markets. The Bombay Stock Exchange (BSE) Sensitive Index Sensex (Sensex) fell 1.12 per cent, or 562.34 points, to close at 49,801.62 on Wednesday. At the same time, the National Stock Exchange (NSE) recorded a decline of 189.20 points, or 1.27 per cent, in the Nifty and closed at 14,721.30 points. Today, most of the stocks including banking, IT and auto were under selling pressure.

The NSE Nifty Bank lost 575.30 points, or 1.65 per cent, to close at 34,229.30. At the same time, Nifty IT also dropped 180 points to reach 26,183.50. At the same time, Nifty Auto fell by 1.85 per cent, ie 192 points and it closed at the level of 10,159.10. The BSE Smallcap also appeared in the grip of the bears and closed at 20,713.58, down 2.12 per cent or 448.92 points, while the BSE Midcap slipped 2.28 per cent to close at 20,043.70.

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The biggest drop in shares of these companiesIn the sensex, the oil and energy sector stocks performed the worst today. Among them, ONGC’s stock was Top Gainers. There was a big reduction of 5 percent in the company’s stock. Apart from this, BPCL plunged 4.80 per cent, Tata Motors 4.42 per cent, Adani Port 4.06 per cent and Coal India 4.02 per cent.

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The highest jump recorded in these stocks
ITC (ITC) stock was the top gainer in the BSE Sensex today. The company’s stock recorded a jump of 1.32 percent. Apart from this, shares of tech company Infosys fell by 0.22%, HDFC’s stock fell by 0.21% and TCS by 0.09%. Today, investors sold heavily in IT stocks. Apart from India, Shanghai and Tokyo stock markets closed on the red mark in Asian markets. At the same time, Hong Kong’s Hangseung closed on the green trail. Apart from this, there was mixed trend in European markets today.

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