The stock market could not continue its gains on July 29. The Sensex was down 422 points at close of the market. The Sensex, which had lost 37,884.41 points during trading, closed at 38,617.03 points.
Similarly, the Nifty ended 98 points lower at 11,203. The Nifty was down by 11,198.15 points.
The Nifty was up by 11,341 points during the morning trade and then fell by 140 points. The Nifty is under strong pressure at 11,300. It was not able to break that and profit booking was seen.
Dr Reddy’s, IndusInd Bank, Tata Steel, Grasim Industries and Cipla were the top five gainers. Dr. Reddy’s gained 6.29 per cent. The stock recorded a 52-week high.
Pharma stocks are the main gainers in the market on July 29. Similarly, the Nifty gained 3.09 per cent on the day.
Reliance Industries, HCL Tech, Nestle India, Mahindra & Mahindra and Hero Motors were the top five losers in the Nifty. Reliance Industries lost 4 per cent on the day.
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