New Delhi. Indian stock market closed with a decline for the third consecutive session today. Nifty closed at 24,750 and Sensex closed at 81,006.61 with a decline of 495 points. The auto, media, and real estate sectors witnessed a huge decline, while the IT sector showed strength.

Today, Sensex fell by 495 points and closed at 81006. On the other hand, Nifty also fell by 221 points and closed at 24,750. Most of the BSE and NSE indexes closed with a decline today. Due to the decline, the market cap of companies listed on BSE fell by Rs 6 lakh crore today. Let us know how the market is today.

Status of major indexes

Key market information:
Top Nifty losers in today's trade were Bajaj Auto, Shriram Finance, Hero MotoCorp, Nestle, and M&M, while top gainers were Tech Mahindra, Infosys, L&T, Power Grid Corp, and SBI.

Sectoral situation:
The IT sector index registered a gain of 1%, but all other sectoral indices remained in the red. Especially the auto, media,, and real estate sectors saw a decline of 2-3%. The BSE midcap and smallcap indices also declined by more than 1%.

Biggest gainer stock:

Biggest faller stock:

Best and Weakest Sectors:

Rupee Status:
On October 17, the Indian rupee closed at 84.07 against the dollar, down 8 paise, while on Wednesday it was at 83.99. A total of 1199 stocks rose in the stock market today, while 2580 stocks declined and 101 stocks remained unchanged.

Why did the decline happen?
Money control has given 4 main reasons for this decline. Heavy selling by foreign investors, weak quarterly results of companies, rising inflation rate, and lack of any new trigger for the market are these 4 reasons.