Stock Market Closing: Market closed in green mark on the last trading day of the week due to buying in IT stocks..
Stock Market Closing On 9th September: Due to heavy buying in IT stocks, the Indian stock market closed in the green on the last trading day of the week. However, the market lost its edge. At the end of trading today, the Sensex of the Mumbai Stock Exchange rose by 105 points to 59,793 and the Nifty of the National Stock Exchange closed at 17,833 points with a gain of 34 points. Although the Sensex fell 326 points from its high of the day, the Nifty came down by 127. The Sensex had crossed the 60,000 mark in morning trading.
Bank Nifty and Nifty IT saw great growth. Of the 12 shares of Bank Nifty, 9 shares closed in the green mark and 3 shares closed in the red mark. Of the 10 stocks of Nifty IT, all 10 stocks closed in the green. Apart from banking, IT, auto, FMCG, metals, oil, and gas sectors rose. At the same time, apart from consumer durables, and pharma, there was a decline in the shares of the media sector. Midcap and small-cap shares also closed with a rise. Out of 50 shares of Nifty, 26 shares closed in green, while 24 shares closed in the red. So out of 30 stocks of Sensex, only 14 stocks closed in the green mark while 16 stocks closed in the red mark.
If we look at the stocks rising in the market, Tech Mahindra 3.32 percent, IndusInd Bank 2.60 percent, Infosys 2.43 percent, HCL Tech 1.90 percent, Maruti Suzuki 1.83 percent, SBI 1.61 percent, TCS 1.50 percent, Wipro 1.01 percent and closed up Is.