Market brightened due to buying, Sensex-Nifty rose
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Stock Market Closing Bell: Tremendous enthusiasm was seen in the Indian stock market on Wednesday. The enthusiasm remained strong throughout the day in the open market with the increase in pre-opening. Due to purchasing, the Sensex had risen by 600 points during trading. However, till the closing bell the Sensex rose 0.73 percent or 526.01 points to 72,996.31. But it was. Whereas, Nifty rose by 0.65 percent or 143.25 points and closed at 22,147.95. Today, shares of 3932 companies were traded in the market. Out of these, there was a rise in the stock of 1574 companies while a decline was seen in the stock of 2254 companies. No change was seen in the stocks of 104 companies. Bank and auto shares created tremendous enthusiasm in the market.
How was the condition of Sensex and Nifty?
11 companies on BSE’s 30-share Sensex closed in loss. Whereas, a rise was seen in the stocks of 19 companies. Mixed effect was seen on Nifty. Tremendous growth was seen in banks, auto, financial services, reliability, private banks, consumer durables and oil and gas. Shares of Reliance, Maruti, Bajaj Auto, Bajaj Finance, Titan and Axis Bank were among the top gainers on Nifty. Whereas, shares of UPL, Hero Moto Corp, Coal India, Tata Consumer, Wipro and Dr Reddy were included in the category of top losers.
Also Read: Five companies which gave bumper returns to investors in one year, know the details
how was the morning market
After Tuesday’s fall in the Indian stock market, there was a rise in trading in the domestic indices Sensex and Nifty as the market opened on Wednesday morning. BSE’s 30-share index Sensex rose 270.18 points to 72,740.48 points in early trade. NSE Nifty stood at 22,092.05 points with a gain of 87.35 points. In Asian markets, Japan’s Nikkei was in profit, while China’s Shanghai Composite, South Korea’s Kospi and Hong Kong’s Hang Seng were in loss. The US market closed in negative territory on Tuesday. Global oil benchmark Brent crude futures were trading 0.90 percent lower at US $ 85.47 per barrel.
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