On the final trading day of the week, the stock market fell. The Sensex, which contains 30 sensitive indexes, concluded at 62,979, down 250 points. The Nifty of the National Stock Exchange fell 105 points to 18,665.50.

The stock market began lower today after smashing two records in two days. Today, the penultimate trading day of the week, the BSE’s 30-share sensitive index Sensex began 114 points down at 63,124.28. On the other hand, the National Stock Exchange’s Nifty (Nifty 50) began trading today at 18741.

Today, eight of the top 30 Sensex businesses finished with gains, while the remaining 22 closed with losses. The greatest gainer has been IndusInd Bank. The stock price of the corporation increased by 2.69 %. At the same time, Tata Steel’s share prices have fallen by up to 1.62 percent today.

The BSE Midcap, Small Cap index has dropped by up to 0.8%. The Nifty Auto Index and the Nifty Metal Index have both fallen.

Let us remind you that on June 22, 2023, the Sensex opened at a new all-time high of 63601.71. Earlier, on 21 June, the Sensex achieved a high of 63588, shattering the previous record of 1 December 2022. The Sensex had finished at 63,284.19 points earlier on December 1, 2022. The Nifty has reached an all-time high of 18,888.

The Sensex was down 244 points at 62994 in early trading. At the same moment, the Nifty was trading at 18687, down 84 points. Five of the 50 Nifty equities were in the green, while 45 were in the red. Only five equities on the Sensex were volatile. Asian Paints, Dr. Reddy, Bharti Airtel, L&T, and ICICI Bank were among the top gainers on the Nifty index, while Adani Enterprises, Adani Ports, Tech Mahindra, Hindalco, and BPCL were among the top losers.

LTP CALCULATOR ANTICIPATION FOR THE NEXT WEEKLY RANGE OF NIFTY 

The LTP Calculator has forecasted the Nifty weekly range for the upcoming week. Since the LTP Calculator Option Chain suggests that the Nifty’s weekly range resistance is 18,700 and its weekly range support is 18,700, investors should be mindful of these factors.