Sensex down 530.95, Nifty down 133 points, RIL down 5 per cent

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New Delhi, Monday 25 January 2021

The BSE Sensex closed at 48347.59, down 530.95 points, or 1.09 points, while the Nifty on the National Stock Exchange fell 133 points, or 0.93 points. Closed at the level of 14238.90.

The BSE Sensex crossed the historic level by crossing 50,000 for the first time last week. Experts said that all eyes are now on the budget for the financial year 2021-22, which will give a boost to the Sensex.

Today, Tata Consultancy Services has become the most valuable company in the country in terms of market capitalization, surpassing Reliance Industries. The stock plunged 5.58 per cent to close at 1,935.15.

Shares of UPL, Cipla, Axis Bank, Grasim and Hero MotoCorp closed at red today while shares of Reliance, Issar Motors, Tata Motors, HCL Tech and IndusInd Bank closed at red.

Looking at the sectoral index, all sectors including pharma, metal, financial services and banks closed at the red mark today, including auto, IT, FMCG, PSU bank, media, private bank and realty.

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