NIFTY closes around 17,400, Sensex falls 671 points for second day in a row

Author - Samiksha Wakale

March 11, 2023

▫️Rayat Samachar▫️

Mumbai (Gurudatta Wakdekar) 11.3.2023

The benchmark index Nifty fell around 17,400 for the second session in a row on March 10.

At the close, the Sensex was down 671.15 points or 1.12% at 59,135.13 and the Nifty was down 176.70 points or 1% at 17,412.90. About 1404 shares advanced, 2021 shares declined and 102 shares remained unchanged.

In the Nifty, Adani Enterprises, HDFC Bank, Apollo Hospitals, IndusInd Bank, and HDFC were the major losers, while Tata Motors, NTPC, Maruti Suzuki, Britannia Industries, and BPCL were gainers.

The power index rose 1 percent on the sectoral front, while banks, construction, capital goods, and PSU banks declined 1 percent.

The BSE Midcap and Smallcap indices were down 0.5 percent each.

The Indian rupee closed at 82.05 per dollar against the previous close of 81.98

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...because at present we are seeing a hidden alliance between the ruling party and the opposition party in the centre, state, municipal corporation and village panchayats around us. They are not seen doing public interest work towards the public. They seem to be going to the upper halls only for their own benefit. While going to these halls, they spend lakhs of crores of rupees and there they are seen doing the work of themselves and their crony capitalists. We do not see any opposition party functioning effectively at present. In the coming time, the people should be united with positive thinking, so the fourth pillar of democracy, i.e. journalism, should play the role of a capable opposition party by keeping sensibility towards the people