Mumbai, June 11 (IANS). The Indian stock market closed in green mark in Wednesday’s trading session. At the end of the trading, the Sensex rose by 123.42 points or 0.15 percent to 82,515.14 and the Nifty gained 37.15 points or 0.15 percent to 25,141.40.
Midcap and smallcap were seen selling in the midcap and smallcap compared to largecap. The Nifty Midcap 100 index was 59,388.15 with a weakness of 293.25 points or 0.49 per cent and the Nifty Smallcap 100 index was down 101.05 points or 0.53 per cent to 18,798.75.
Vinod Nair, Research Head of Geojit Investments Limited, said, “Profit markets continue in widespread markets due to an increase in evaluation. However, large-caps are supporting the market due to the preference to stable income outlook companies by institutional investors.”
IT, auto, pharma, realty and energy were the highest growing index on sectoral basis. PSU Bank, Financial Services, FMCG, Metal and Media Index closed in red mark.
The Sensex packs featured HCL Tech, Infosys, Tech Mahindra, Bajaj Finserv, Tata Motors, Eaterial (Zomato), ICICI Bank, UltraTech Cement and Titan top gainers. Power grids, IndusInd Bank, Nestle, HUL and HDFC Bank were the top losis.
1,608 shares on the National Stock Exchange (NSE) have closed in green mark, 1,304 shares in red mark and 83 shares closed without any change.
AKP Securities Senior Technical Advisor Roopak De said, “Nifty’s fluctuations in day business get to see E and later it was flat. The index shows the golden crossover, which is a sign of speed. Any decline can be a chance to purchase.”
He added, “The significant support for Nifty is 24,850 and it can go up to a level of 25,350 in the event of a boom.”
The stock market started flat. In early trade, the Sensex rose by about 59 points to around 82,451 and the Nifty rose 18.55 points to 25,122.
-IANS
ABS/