After touching a record high, the stock market closed with a decline due to profit booking, heavy selling in auto-IT stocks

Stock Market Closing On 10 July 2024: The trading session of Wednesday, July 10, 2024 has been disappointing for the Indian stock market and its investors. After opening at a record high in the morning, there was heavy profit booking in the market, after which the market fell down. There has been a big decline in banking, auto and IT stocks. Due to selling in midcap and smallcap stocks, the index of both the sectors saw a huge decline at one time. Although the market tried to recover from the lower level, despite this, the BSE Sensex has suffered a setback of 440 points and slipped below 80,000 and closed at 79,924. While the National Stock Exchange's Nifty closed at 24,313 points with a decline of 120 points.

rising and falling stocks

Mahindra & Mahindra stock has contributed a lot to the market downfall and closed with a decline of 6.69 percent. Tata Steel closed with a decline of 2.07 percent, TCS 1.85 percent, HCL Tech 1.58 percent, SBI 1.27 percent, Tata Motors 1.02 percent, Infosys 0.78 percent. Among the gainers, Asian Paints closed with a gain of 3.20 percent, NTPC 1.33 percent, Power Grid 1.29 percent, Adani Ports 0.71 percent, Bharti Airtel 0.68 percent, Sun Pharma 0.53 percent.

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