Indian Share Market Sensex has touched 40,000 and the Nifty touched a level of 12,000 after the results of the Lok Sabha elections on 23 May. However Both Index is trading red sign in whole day. We observed profit booking is fundamental key for market push to down. Other hand Past Finance Minister Arun Jaitley will not take any post in the Narendra Modi government due to health issue, also Market push to down.
Market has closed red market red mark today, After 3 consecutive days of boom. The BSE Sensex has lost nearly 250 points. At the same time, The Nifty slipped below 11900 with a weak 70 Point.
Finally BSE Sensex has closed low 247 points at 39,502.05 levels. On the other hand, NSE 50-share index Nifty closed at 67.65 points, ie 0.57 per cent, at 11,861.10 levels.