Stock market today: Nifty 50 snaps 5-day winning streak on profit booking at higher levels
₹434 lakh crore from nearly ₹437.2 lakh crore in the previous session, making investors lose about ₹3.2 lakh crore in a single session.Only 11 stocks managed to end in the green in the Nifty 50 pack, with Axis Bank (up 3.11 per cent), HDFC Bank (up 3.06 per cent), ICICI Bank (up 1.92 per cent), IndusInd Bank (up 1.86 per cent), Kotak Mahindra Bank (up 1.49 per cent), and SBI (up 1.11 per cent) as the top gainers.Shares of Titan (down 3.60 per cent), Maruti Suzuki (down 2.60 per cent), Bharti Airtel (down 2.41 per cent), Bajaj Auto (down 2.40 per cent), BPCL (down 2.32 per cent) and Larsen and Toubro (down 2.23 per cent) ended as the top losers.Nifty Bank index hit its fresh record high of 51,957 during the session and ended with a strong gain of 1.90 per cent at 51,398.05 with 10 components in the green and only two - AU Small Finance Bank (down 1.25 per cent) and Bank of Baroda (down 0.87 per cent) - in the red.Nifty Private Bank index jumped 2.01 per cent, but the PSU Bank index ended with a nominal gain of 0.09 per cent.Among the losers, Nifty Realty (down 2.83 per cent), Consumer Durables (down 1.96 per cent), Oil & Gas (down 1.74 per cent), Auto (down 1.30 per cent), Media (down 1.29 per cent) and Metal (down 1.18 per cent) lost significantly.(More to come)Milestone Alert!
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