On the third trading day of the week, Wednesday saw all-round selling in the stock market after fluctuations throughout the day. At the end of the trade, the Sensex lost about 229 points and closed at 40,116.06. At the same time, the Nifty fell 79 points to 11835 level below 11850. The Nifty closed below 11850 for the first time after 30 October.
Yes Bank Shares fall 6 Percent
At the end of the business, Yes Bank's share fell the most at 6.51 percent. Earlier, Yes Bank shares rose in early trade. There are reports in the media that Sunil Munjal, Chairman of Hero and Hemendra Kothari, Founder of DSP Group are in talks to buy stake in Yes Bank. The share price of this bank was benefited by this news. After this, investors made huge profits.
If we talk about other declining stocks, SBIN, Axis Bank, Vedanta and Sun Pharma are also included. Apart from this, ICICI Bank, IndusInd Bank, ITC, Infosys, Tech Mahindra and L&T, Powergrid, Airtel, Tata Steel, HDFC, Bajaj Auto and Tata Motors also saw a decline. Let us tell that the legendary IT company Infosys is once again in the discussion due to controversies. Because of this, Infosys shares have registered a decline.
At the same time, TCS shares rose 3.76 percent. Similarly, the rising stocks include Reliance, HUL, Maruti and NTPC. Meanwhile, the rupee has slowed down. The rupee opened at 71.75 rupees per dollar against the dollar on Wednesday, losing 29 paise from the previous session, which fell to a near two-month low. Earlier, on September 17, the price of one dollar was Rs 71.97.
