Stock Market Closing: Market recovers from morning's fall, Sensex closes at 60,347, Nifty closes above 18000...
Stock Market Update: The Indian stock market has shown a great recovery from this morning's low levels and the Sensex has closed above 60,000 again. At the same time, Nifty has also shown today's closing by crossing the level of 18,000. The red mark remains in the market even when trading is closed, but almost all the fall has been covered. The stock market today showed great gains from the lower levels, surpassing all the decline intraday.
In which sectors the selling was seen?
Selling in IT, Auto, and Realty stocks continued and the rise of metal stocks along with banking helped the market to handle. Nifty Bank has managed to close with a jump of more than 500 points.
How the market closed
In today's trade, the BSE Sensex closed at 60,346 after losing 224.11 points or 0.37 percent. On the other hand, the Nifty of NSE has closed at 18,003 after falling by 66.30 points or 0.37 percent.
stock market move at 3:05 pm
At 3.05 pm, the Sensex was trading at 0.12 percent, down by 71.29 points and it had come down to 60,499. Apart from this, the Nifty of NSE was seen trading at 18,030 with a fall of 39.40 points or 0.22 percent.
Sensex and Nifty condition
At 3.05 pm, 14 out of 30 Sensex stocks were trading with gains, and the remaining 16 stocks were seen trading with a fall. On the other hand, 19 out of 50 stocks of Nifty are up and 31 stocks were trading with a fall.
Highest risers of Sensex
IndusInd Bank rose 4.28 percent in the Sensex and NTPC was up 2.84 percent. The business has closed with a gain of 2.47 percent in PowerGrid, 2.37 percent in SBI, and 1.44 percent in Kotak Bank.
Nifty's biggest losers
With Infosys, TCS, Tech Mahindra, and HCL Tech in Nifty, HDFC Life and L&T closed the business with the biggest fall.