Indian Share Market Closes Lower on First Day of the Week
The Indian share market ended lower on the first day of the week. The Sensex closed 217 points down at 74,115, while the Nifty closed 92 points down at 22,460. Selling pressure dominated the market.
Market Close Summary: On Monday, March 10th, the Indian stock market concluded with a decline. Weak investor sentiment, driven by global market cues and profit-booking, resulted in a downturn across major indices.
Sensex and Nifty Decline
On Monday, the BSE Sensex, comprising 30 stocks, closed 217.41 points (0.29%) lower at 74,115.17. Meanwhile, the Nifty 50 index ended 92.20 points (0.41%) down at 22,460.30. Selling pressure was clearly evident, leading to declines across most sectors.
Market Movers: Gainers and Losers
A total of 1147 stocks advanced during today's trading session, while 2776 stocks declined. 140 stocks remained unchanged. Among the top losers were IndusInd Bank, Trent, ONGC, Eicher Motors, and Bajaj Auto. Conversely, Power Grid Corporation, HUL, Infosys, SBI Life, and Nestle India were among the gainers.
Previous Day's Market Performance
On Friday, March 7th, the market remained largely flat. The BSE Sensex closed 7.51 points (0.01%) lower at 74,332.58. Conversely, the Nifty 50 index ended 7.80 points (0.03%) higher at 22,552.50.
Impact of Global Market Cues
Uncertainty surrounding the US Federal Reserve's interest rate decisions and mixed trends in global markets exerted pressure on the domestic market. Furthermore, fluctuations in crude oil prices and selling by Foreign Institutional Investors (FIIs) also impacted market performance.
