In New Delhi, some stocks did very well on Friday! Mazda Ltd, Atlas Cycles, IRIS Business Services, Indo Thai Sec, and Power & Instrument all reached their highest prices in a year. But it wasn’t great for everyone—companies like GTPL Hathway, Jai Corp, Dish TV India, Global Surfaces, and Pritish Nandy saw their stock prices hit new lows.
The NSE Nifty, which shows how the top 50 stocks are doing, went down by 95 points, ending at 23,431.5. This happened because many strong, big companies were sold off. Out of these 50 stocks, only 14 went up in price while 36 went down.
Some of the biggest winners in the Nifty 50 were TCS, Tech Mahindra, HCL Tech, Wipro, and Infosys. On the other hand, stocks like Shriram Finance, IndusInd Bank, Adani Enterprises, NTPC, and BEL lost value.
The BSE Sensex, another important stock market measure, closed down by 241.3 points at 77,378.91. On Friday, traders were buying up stocks in sectors like General, Services, Auto, Telecommunications, and Apparels. However, there was selling in sectors like Learning & Education, Cables, Defence, Textiles, and Term Lending Institutions.
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