Nifty Capital Markets Closes 2.32% Lower; 360 One Wam, UTI, MCX Among Top Losers

The Nifty Capital Markets index fell today in the early trade and traded in the red throughout the day. It ended the day 2.32%, or 99.25 points lower at 4,180.75. The index started the day at 4,274.10 and made an intraday high of 4,275.75 and a low of 4,200.40. The index fell from the previous close of 4,280.00. It has its 52-week high at 4,768.00 and a 52-week low at 2,009.60. The index’s total traded volume stood at 1.10 crore shares with a total traded value of ₹1,672.96 crore.

Top Losers

All 15 shares included in the index closed in the red. The top losers were:

• 360 one Wam – 3.82% lower
• UTI Asset Management – 3.67% lower
• MCX – 3.53%
• Angel One – 3.35% lower
• HDFC Asset Management – 2.77% lower
• CDSL – 2.32% lower

Why Led to the Fall?

The fall of all 15 shares in the index is the direct result of the steep 50% tariff imposed by US President Donald Trump. Since the Indian stock market was closed yesterday due to Ganesh Chaturthi, the negative investor sentiment was reflected today right from the market open.

Within the index, Kfin Technologies was trading in the green near the market close, but it also ended 0.09% lower. Furthermore, broader market indices also closed in the red, with the Nifty 50 falling 0.85%, or 211.15 points lower at 24,500.90 and the Sensex falling 0.87%, or 705.97 points lower at 80,080.57.

It remains to be seen how long the investor sentiment will remain negative owing to the tariffs. All eyes will be on the market start tomorrow.

REF: https://www.nseindia.com/market-data/live-equity-market?symbol=NIFTY CAPITAL MARKETS

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