A look at how Indian stock market performed on June 8, 2023

Published by: Vivek Dubey

The Indian stock market failed to sustain its intra-day recovery, ending its 4-day winning streak with the Sensex and Nifty 50 declining.

Nifty 50 declined 

294 points to reach 62,849

Sensex tumbled 

92 points to settle at 18,635

Midcap Index dropped 

280 points to reach 43,995

Nifty Bank slipped 

190 points to settle at 34,200

declined 0.5%

Both Sensex and Nifty 50 

top losers on the Nifty 50

Grasim Industries, Kotak Mahindra Bank, Sun Pharma, Tech Mahindra and Apollo Hospitals

top Gainers on the Nifty 50

NTPC, JSW Steel, ONGC, Power Grid Corp and Larsen and Toubro

up to 4% 

Oil company stocks fell 

after the government encouraged them to reduce fuel prices

nearly 3%

after positive commentary and L&T surged 

JSW Steel rose 

over 1% 

after announcing the record date for dividend distribution

nearly Rs 2 lakh crore

BSE-listed companies collectively erased market capitalization of 

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