Which are the BSE Companies of the Indian stock market that exhibited uptrend? As per 7th February stock market statistics, it is Reliance Industries (1.50%) that ruled the roost followed by ONGC (1.43%), ITC (1.28%) and ICICI Bank (1.06%). BSE Oil and gas index (0.88%) was the major gainer. As the markets closed down, sensex India recorded 17,621.45, down 85.86 points or 0.48%. The nifty stocks market too witnessed downfall; the index closed at 5,335.15, down 26.50 points or 0.49%.
The opening of the Indian stock market though was on a positive note with sensex India up at 17,832.04 and Nifty at 5,413.35. Performances of NSE and BSE companies slipped in the red following a weak opening on the European markets. To add to the downfall are GDP estimates pointing a gloomy stance owing to a slowdown in the industry output.
Major BSE companies losers include BHEL (-4.27%), Tata Steel (-3.37%), Gail India (-3.10%) and DLF (-2.92%). Only 115 stocks of BSE companies remained unchanged while 1,233 advanced. Declining stocks numbered 1,646. Total stocks count of BSE companies is 2,994. Overall, the Indian stock market witnessed a lack-luster session with both sensex and Nifty Stocks not performing up to the expectations.