The impact of the fall in European markets was also seen on the Sensex and the Nifty. The two major indices of the country, the Sensex and the Nifty 50, fell after initial trading gains. Sensex and Nifty could not maintain their growth due to decline in Reliance and banking stocks. The Sensex opened at 51,660.98 on March 12 but closed at 50792.08 point at the end of trading. The Sensex had closed at 51,279.51 on the previous trading day. That is, it closed with a drop of 487.43 points. The Sensex had reached 51,821.84 points in the day’s trading. Out of the 30 stocks of the BSE Sensex, only four power grids, Titan, ONGC and Infi were leading and the remaining 24 stocks closed down.
Talking about the Nifty, it was open at 15321.15 and reached 15336.3 but it closed at 15030.95 till the close of business. The Nifty closed with a fall of 143.85 today. Bank Nifty closed at 1.35 percent and Nifty PSU Bank fell by 1.5 percent.
Powergrid shares were seen the biggest gainers on the Sensex on Friday trading day. Powergrid shares rose 2.28 per cent to Rs 220. Following Powergrid, Titan shares gained 0.75 per cent to Rs 1482.5 and ONGC shares rose 0.52 per cent to Rs 115.05. Bajaj Auto was the biggest loser on the Sensex. Shares of Bajaj Auto fell 3.10 per cent to Rs 3747.5. Maruti and ICICI Bank shares fell the most on the Sensex after Bajaj Auto. Maruti shares fell 2.40 per cent to Rs 7099.85 and ICICI Bank fell 2.06 per cent to Rs 612.85.
