The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Indian equities conclude up
On Friday, India's stock market concluded up by strengthening the sectors of S&P BSE Metals, S&P BSE Healthcare as well as S&P BSE IT.
At the time of closing on the stock exchange of India, Nifty 50 went up by about 0.21%, reaching a monthly maximum, the BSE Sensex 30 index gained by 0.27%.
As the leaders of growth among the components of the Nifty 50 index, following the results of today's trading, equities of Adani Port and Special Economic Zone Ltd that soared by 2.89%, concluded at 383.10. Quotations Tech Mahindra Ltd added by 2.87% concluding the auction at the level of 671.55. Paper Wipro Ltd rallied by 2.54% to conclude at around 294.15.
The leaders of the dive were shares of Bharat Petroleum whose price dived by 3.16%, finishing the session at 405.40. Shares of Bajaj Finserv Ltd climbed 88.75 1.64% to close at 5.316.80, while HCL Technologies declined by 1, 86% and finished trading at approximately 991.25.
Among the leaders in the growth of the BSE Sensex 30 index components, following the results of today's trading, were shares of Adani Port and Special Economic Zone Ltd that rose 2.66% hitting 381.95, Wipro Ltd that gained 2.28% closing at 293.35 and also Kotak Mahindra Bank that soared by 1.69% coming up with 1.150.50.
The leaders of the dive were shares of State Bank of India that dived in price by 1.22% closing at 251.20. Shares of Axis Bank went down 1.17% and concluded the trading session at 541.90. Quotes of Yes Bank Ltd slumped in price by approximately 0.66% to the level of 309.40.
On the stock exchange of India, the number of depreciated securities (833) managed to surpass the number of those that closed in positive territory (760). Meanwhile, quotations of 60 shares didn’t change.
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