Share Market Closing: Share market closed with red mark, Sensex fell 571 points, Nifty slipped below 17150


new Delhi. The stock market opened on the green mark on Monday, the first trading day of the week. The Bombay Stock Exchange (BSE) Sensex opened at 58,030 with a gain of 166 points, while the Nifty index of the National Stock Exchange (NSE) also opened with a jump of 46 points at the level of 17,333. At the end of trading, the Sensex closed at 57,292.49, down 571.44 points, or 0.99 per cent. On the other hand, Nifty closed at 17,117.60, down 169.45 points or 0.98 percent.

Sensex had climbed 1047 points a day before Holi
In the last session i.e. a day before Holi, the BSE Sensex jumped 1,047.28 points, or 1.84 per cent, to close at 57,863.93 points. Similarly, the Nifty of the National Stock Exchange rose 311.70 points, or 1.84 per cent, to close at 17,287.05.

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Groww preparing to raise $150 million
Investment platform Grow is in talks to raise $150 million with a valuation of $4-5 billion. Sources said the company is in talks with a group of sovereign funds, indicating investor interest for Grow in a sluggish funding environment. Six months after securing $251 million in funding under the Series E round, the company has moved on to a new funding round. This is also important because the company is trying to get into Neo Banking.

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Shares of Paytm continue to fall
The shares of Paytm’s parent company One 97 Communications continue to fall. On Monday, at 12.10 pm, the shares of Paytm were trading at Rs 580.90, down 2.70%. Market experts say that the shares of Paytm may fall further in the coming days.

Tags: BSE, Nifty, NSE, Sensex


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