The stock market witnessed a decline for the fifth consecutive day today, i.e. on 25 October. The Sensex closed at 79,402, down 662 points (0.83%). Nifty also fell 218 points (0.90%), closing at 24,180. At the same time, BSE Small Cap closed at 52,335, down 1,307 points (2.44%). Out of 30 Sensex stocks, 20 fell and 10 rose. Out of 50 Nifty stocks, 38 fell and 12 rose. All sectors except FMCG and Healthcare index closed with a decline. Nifty Consumer Durables fell the most by 2.52%. Indusind Bank shares fall 19% Shares of Indusind Bank closed at Rs 1,037, down 18.99% after the July-September quarter results. The bank’s net profit in the September quarter has declined by 39% year-on-year to Rs 1325 crore. It was Rs 2,181 crore in the same quarter a year ago. Asian markets saw mixed trading today Afcons Infrastructure’s IPO opens The Initial Public Offer (IPO) of Afcons Infrastructure Limited, a company working in the transport, construction, oil and gas sectors, has opened today. Investors can bid for this issue till 29 October. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on 4 October. Read full news The stock market had closed with a decline yesterday Earlier, yesterday i.e. on 24 October, the stock market had witnessed a decline for the fourth consecutive day. Sensex closed at 80,065 with a fall of 16 points. Nifty also fell by about 36 points and closed at 24,399. Out of the 30 Sensex stocks, 19 saw a rise while 11 saw a fall. Banking and auto stocks were in the green. Whereas, FMCG and IT stocks saw a fall.
