On the final day of the final trading week of 2023, the market ended the week down. The stock market began lower this morning after it had opened lower earlier in the day. Let us inform you that on four days this week, the market saw brisk activity, with the BSE and NSE reaching their greatest levels.

About the market’s decline, the Forex trader stated that selling in energy, banking, and IT companies was the reason behind the index’s decline on Friday, following the market’s increase over the previous five trading days. The BSE Sensex closed at 72,240.26 on last day of the week, down 170.12 points, or 0.23 %. During the day, it dropped 327.74 points, or 0.45 %, to 72,082.64. Nifty also finished at 21,731.40, down 47.30 points, or 0.22 %, at the same time. In intraday trading, the index fell 101.8 points, or 0.46 %, to 21,676.90.

Let us inform you that in 2023, the Nifty increased by 20 %, or 3,626.1 points, while the BSE benchmark increased by 11,399.52 points or 18.73 %.

Top Gainers And Losers Stocks

State Bank of India, Infosys, Titan, Tech Mahindra, IndusInd Bank, NTPC, ICICI Bank, Power Grid, Reliance Industries, and Kotak Mahindra Bank were among the Sensex businesses that ended the day with negative results. Conversely, the biggest gainers were the stocks of UltraTech Cement, Bajaj Finance, Tata Steel, Hindustan Unilever, Nestle, and Tata Motors.

The rupee finished at 83.20 (provisional) against the dollar on Friday, following changes in crude oil prices and increasing demand for the dollar at the end of December. In today’s interbank foreign exchange, the rupee began trading at 83.14 and reached a high of 83.10. Following this, its value relative to the dollar dropped to its lowest point, 83.22. Last day of the week, the Indian rupee increased by 14 paise.