Business News Desk – Investors heaved a sigh of relief in the last trading session of the week. The market opened with a sharp fall in the morning. But during the day’s trading, the market recovered its losses as domestic investors returned to the market from lower levels. This recovery in the market has come due to buying in banking, auto and pharma shares. From the low level, Sensex has seen a jump of 1000 points and Nifty has seen a jump of 300 points. At the end of today’s trading, BSE Sensex closed at 81,224 points with a fall of 218 points and National Stock Exchange’s Nifty closed at 24,854 points with a jump of 104 points.
rising and falling shares
Out of 30 Sensex stocks, 19 closed with gains and 11 with decline. Of the 50 Nifty stocks, 33 closed with gains and 17 with losses. Among the rising stocks, Axis Bank closed with gains of 5.75%, Wipro 3.59%, Eicher Motors 2.98%, ICICI Bank 2.90%, Shriram Finance 2.80%, Hindalco 2.50%, HDFC Life 2.40%. Among the falling stocks, Infosys closed with gains of 4.22%, Britannia 1.98%, Asian Paints 1.87%, Nestle 1.21%, Tech Mahindra 0.82%, Bajaj Auto 0.77%, HCL Tech 0.60%.
Sectoral Update
This rise in the market has come due to banking shares. Nifty Bank closed with a gain of 805 points. Apart from this, shares of auto sector, pharma sector, metal, real estate, media, energy, consumer durables, healthcare sector closed with gains. Among the falling sectors, the biggest decline was seen in IT stocks. Nifty IT index closed with a fall of 627 points. Apart from this, selling was also seen in oil and gas and FMCG shares. Midcap and smallcap stocks, which were trading heavily in the morning trade, returned to the green today.
