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    You are at:Home » The stock market closed with a sharp decline on Friday, Sensex broke 365 points, Turmoil in Jio finance
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    The stock market closed with a sharp decline on Friday, Sensex broke 365 points, Turmoil in Jio finance

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    By Harish Tiwari on August 25, 2023 Infra, National, PRIVATE SECTOR

    The Indian market saw a big decline on Friday amid the decline in the US and Asian markets. After a poor start of about 450 points, the market continued to sell throughout the day and at the end of the trading, the stock market closed with a big decline. At the end of trading, the BSE Sensex fell by 365.83 points to close at 64,886.51 points. At the same time, the Nifty of the National Stock Exchange NSE also closed at 19,243.00 with a big decline of 143.70 points.

    Talking about the 30 stocks included in the Sensex, only 7 stocks managed to close with a boom. Top gainers in the Sensex pack included Bajaj Finance, Asian Paints, Bajaj Finance, Bharti Airtel, ICICI Bank, Titan Bank and Axis Bank. At the same time, L&T’s stock fell more than 2 percent today. On the other hand, JSW, IndusInd Bank, PowerGrid, ITC, Mahindra and NTPC were the top losers.

    Turmoil in Jio finance

    The biggest volatility in today’s trading was seen in the shares of Jio Financial Services. At the beginning of trading, this stock was in the lower circuit. Within an hour, it came into the upper circuit. After this, this eye play continued. The stock closed at 222.00, up 6.10 points, with a gain of 2.83% at the time of market closure.

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    Harish Tiwari

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