Stock market closed with strong fall, Sensex-Nifty crashed

Stock Market Close: In the first session of the trading week on Monday 16 December 2024, the stock market closed with a sharp decline. At the end of trading, the main sensitive index of Bombay Stock Exchange (BSE) Sensex fell 384.55 points or 0.47% to close at 81,748.57. National Stock Exchange (NSE) Nifty also slipped 100.05 points or 0.04% to 24,668.05 points.

Titan suffered the most damage

At the end of trading, out of 30 companies listed in BSE Sensex, 25 shares closed with gains and 5 shares closed with losses. Out of 2,902 shares of NSE, 1515 shares closed on the green mark and 1,330 shares closed on the red mark, while there was no change in 57 shares. Shares of Tata Group company Titan were the biggest losers in BSE and NSE, falling 1.11% and 1.93% respectively. At the same time, shares of IndusInd Bank in BSE and Dr Reddy’s shares in NSE closed with profit.

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Softness in other markets of Asia

Talking about other markets in Asia, there was a declining trend in Japan’s Nikkei 225, Hong Kong’s Hang Seng, South Korea’s Kospi and China’s Shanghai Composite. Negative trend is being seen in the European market. American markets closed weak on Friday. In the global oil market, Brent crude reached 73.92 with a gain of 0.76%.

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