Sensex and Nifty closed with a fall today. The Sensex closed at 62428.54 points with a fall of about 193.70 points, while the Nifty closed at 18487.80 points with a fall of 46.60 points. A total of 3,661 companies traded on BSE today, out of which about 2,090 shares closed with gains and 1,444 shares with losses.
Top Gainers and Losers of Nifty
Shares of Apollo Hospitals closed at Rs 4,814.25, up nearly Rs 192, while Coal India shares closed at Rs 230.35, down nearly Rs 11. Kotak Mahindra shares closed at Rs 1,930.05, down nearly Rs 84, while shares of Devi Labs closed at Rs 3,525.40, up nearly Rs 82.
Market Insights
There was no difference in the share price of 127 companies. On the other hand, 179 stocks have closed at the upper level of 52 weeks, while 38 stocks closed at their 52-week low. Upper circuit has been installed in 240 shares, while lower circuit has been installed in 163 shares. The rupee strengthened by 32 paise to close at Rs 82.40 against the dollar this evening.
Know About Sensex and Nifty
The Sensex is an index of the Mumbai Stock Exchange (BSE). It was prepared in 1986 for the Mumbai Stock Exchange. Since then, it is considered an important index not only in India but across the world. The base year of Sensex is 1978-79. Nifty, on the other hand, is the flagship index of the National Stock Exchange (NSE). The index level is decided by including the top 50 companies of the NSE in the Nifty. The base year of Nifty is 1995.
How to Buy Shares from Share Market
If someone has a desire to invest in the stock market, then they have to first open a demat and trading account with a stockbroker. Shares cannot be bought directly from the stock exchange. PAN, Aadhaar, and bank account are required to open a demat and trading account. If these documents are there, then investing in the stock market can be started easily by opening an account with a broker.
In conclusion, the stock market closed with a fall today, with Sensex down by 194 points and Nifty down by 47 points. However, there were some gainers and losers in the market that saw a significant rise or fall in their share prices. Investors are advised to invest wisely and consult with their brokers before investing in any stocks.
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