New Delhi. The share market closed in the red on Tuesday’s trading day. Auto, IT and PSU banks remained under pressure. BSE Sensex ended at 81,820.12, slipping 152.93 points or 0.19 per cent. At the same time, NSE Nifty closed at 25,057.35 after falling 70.60 points or 0.28 percent. The Nifty Midcap 100 index closed in the green at 59,593.25, up 127.80 points or 0.21 per cent. The Nifty Smallcap 100 index closed at 26,149.10, falling 48.80 points or 0.19 per cent. Nifty Bank closed at 51,906.00 after rising 89.10 points or 0.17 per cent. Buying was seen in Nifty’s Reality, Media, FMCG. Whereas, Auto, IT, PSU Bank, Pharma, Metal, Energy, Health Care, Oil and Gas sectors remained under pressure. The market trend remained positive. On the Bombay Stock Exchange (BSE), 2,073 shares were trading in the green, 1,879 shares were trading in the red. Whereas, 112 shares closed without any change. The top gainers of Nifty were BPCL, ICICI Bank, Britannia and Bharti Airtel. HDFC Life, Bajaj Auto, Wipro and Bajaj Finance were the top losers. ICICI Bank, Bharti Airtel, Asian Paints, HCL Tech, Adani Ports, ITC, NTPC were the top gainers in the Sensex pack.
Whereas Wipro, Bajaj Finance, Tata Steel and JSW Steel were the top losers. According to market experts, the domestic market witnessed a decline, which was influenced by mixed global trends and partial profit booking. Although falling crude oil prices are beneficial for the domestic economy, they indicate a decline in global demand. Additionally, India’s CPI jumped due to food prices, which will delay an expected rate cut. Foreign institutional investors (FIIs) increased their selling on October 14. They sold equity worth Rs 3,731.59 crore. On the other hand, domestic institutional investors also increased their buying and bought equities worth Rs 2,278.09 crore on the same day. The stock market opened on the green mark on Tuesday. The Sensex was at 82,189.42 after rising 216.37 points or 0.26 per cent in early trade. Nifty was trading at 25,189.25, up 61.30 points or 0.24 per cent.