Stock Market Updates: On Wednesday, the domestic stock market has recorded a good boom. The market has shown positive attitude throughout the day. The benchmark index has recorded a gain of 0.5 per cent. Both the indexes closed at the day’s highest level. Today, there has been a tremendous sell-off in IT and realty stocks.
On the closing, the Sensex closed at a level of 51,017.52 with a gain of 379.99 points, or 0.75%, and the Nifty closed at 15,301.50 with a jump of 93.00 points, or 0.61%. By the end of the business, 1913 shares have risen, 1146 shares have fallen and 140 shares have not changed.
Today the energy and metal sector has fallen by 1-2 percent. There has been a 2 per cent jump in IT and realty sectors.
If we talk about the opening, the major stock index Sensex opened on Wednesday due to the rise in big stocks like HDFC, Reliance Industries and Infosys amid the boom in Asian markets. The Nifty also opened above the 15,200 level. At 10.50 in the morning, the Sensex registered a jump of 235.86 points i.e. 0.47% and the index was trading at a level of 50,873.39. At the same time, the Nifty was trading at a level of 15,282.10 with a jump of 73.65 points i.e. 0.48%.
In early trading it rose by over 100 points. The 30-share BSE index rose 125.76 points or 0.25 percent at 50,763.29 and the broader NSE Nifty was up 25.75 points or 0.17 percent at 15,234.20.
Titan was the biggest gainer in the Sensex by two percent. Apart from this, Sun Pharma, M&M, L&T, Bajaj Finserv, HUL and Asian Paints were also included in the rising stocks. On the other hand, Powergrid, ICICI Bank, HCL Tech and Kotak Bank were trading in green mark. Among Asian markets, Shanghai, Hong Kong and Tokyo were up during the mid-session, while Seoul was in the red.
(With input from language)