New Delhi: The stock market continued to decline for the third consecutive day on Wednesday. In today's trading, Nifty and Sensex have seen a decline of more than 0.5 percent, while on Tuesday both the indices closed with a decline of about 1.5 percent. There are many reasons behind the decline in the market, including US President Donald Trump's threat to increase tariffs on India, meaning that the US is now talking about imposing the same tax on Indian products as India imposes on American products. After this, the outflow of foreign institutional investors (FIIs) and the decision of the Fed Reserve meeting are included.

On Wednesday, the Sensex fell 503 points or 0.62% to close at 80,182.20, while the Nifty weakened 137.16 points or 0.56% to close at 24,198.85.

Today's Top Gainers

Today, Sun Pharma shares closed at 1,801 with a gain of 0.68%, while RIL closed at 1,253 with a gain of 0.64%. After this, HCL Tech closed at 1,960 with a gain of 0.50%, while Tech Mahindra closed at 1,779 with a gain of 0.47%. Apart from this, TCS shares closed at 4,348 with a jump of 0.45%.
 

Today's Top Losers Stocks

At the same time, among the companies listed on BSE, the biggest decline was in the shares of Tata Motors. Its shares closed at 755.70 with a fall of 3.09%, while Power Grid closed at 321.55 after falling 2.51%. After this, NTPC shares closed at 341.75 after falling 2.10%, while JSW Steel fell 2.07% and closed at 946.85. At the same time, Adani Ports closed at 1,210 after weakening by 1.78%.

Pharma and IT boom

In today's trading session, Nifty Pharma and Nifty IT indexes saw a good rise, hence they closed at the top. Nifty Pharma index closed at 22,315 with a jump of 1.09%, while Nifty IT closed at 45,527 level with a gain of 0.25%. At the same time, Nifty Auto closed at 23,241 level, down 0.75%. Bank Nifty closed at 52,140 level with a fall of 1.32%. Nifty Metal closed at 9,070 level, slipping 1.36%.