- During the trading, the Sensex slipped 274 points to slip to 37708
- Expert said – Sentiment worsens due to IMF’s declining GDP growth
Mumbai. The stock market remained on the 5th day in a row on Wednesday. The Sensex closed 135.09 points down at 37,847.65. During the business, 274 points had fallen to 37,708.41. Nifty closing ended 59.75 points with a decline of 11,271.30. Intra-day slipped 101 points to 11,229.80.
According to experts, due to the reduction of 0.3% of India’s GDP growth by the International Monetary Fund (IMF), the market sentiment is disturbed. The IMF released the conjecture on Tuesday. Even the quarterly results of the companies are not being encouraged.
Of the 30 Sensex stocks, and 38 out of 50 Nifty closed with a fall. NSE sells 9 sector index losses in 11 Metal index dropped by 2.4%. On the other hand, the media index was at the highest level of 1.69%.
Nifty’s top 5 losers
|Indiabulls Housing Finance||4.50%|
Nifty’s top-5 ganners