Stock market rumbles for 8th day in a row, Sensex falls 326 points, Nifty 88 points

▫️Rayat Samachar▫️

Mumbai (Gurudatta Wakdekar) 28.2.2023

    

 On February 28, the Nifty fell below 17,303.95 for the eighth consecutive session.

At the close, the Sensex was down 326.23 points, or 0.55 percent, at 58,962.12 and the Nifty was down 88.70 points, or 0.51 percent, at 17,304. About 1683 shares advanced, 1677 shares declined and 130 shares remained unchanged.

Cipla, Hindalco Industries, Dr. Reddy's Laboratories, ONGC and Tata Steel were the top losers in the Nifty, while Adani Enterprises, Adani Ports, Asian Paints, Britannia Industries and Power Grid Corporation were gainers.

Sectors Power and Realty rose 1 percent each, while Metals, Oil & Gas, Healthcare and IT declined 1-2 percent.

BSE Midcap and Smallcap indices ended in the green.

The Indian rupee closed at 82.66 per dollar against the previous close of 82.84