Great rise in share market due to IT-Pharma sector
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Stock Market Closing Bell: Indian stock market made a great comeback after a sluggish start amid weak global cues. Till the closing bell, the Sensex was up 0.42 percent or 305 points at 73,095.22. Whereas, Nifty increased by 0.32 percent i.e. 71.75 points and closed at 22,193.80. In the 30-share Sensex, shares of 19 companies closed in profit, while 11 companies closed in the red. Shares of Tata Motors, TCS, IndusInd, Bharti Airtel, Sun Pharma, Power Grid, L&T and Mahindra & Mahindra were among the top gainers on Sensex. Whereas, shares of Bajaj Finance, SBI, Bajaj Finserv, Axis Bank and NTPC were included in the category of top losers.
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How was the condition of the sectors?
Today the markets closed with bullish trading in most of the sectors. There was a decline in Financial Services, PSU Bank, FMCG and Oil and Gas sectors on Nifty. Whereas, growth was seen in banks, metal, pharma, reality and health care.
how was the morning market
Equity benchmark indices started trading with weakness on Tuesday in view of sluggish global market trends and fresh withdrawal of foreign funds. BSE’s 30-share Sensex fell 130 points to 72,660.13 in early trade. NSE Nifty fell 36.4 points to 22,085.65 points. Later, both the benchmark indices compensated for this and were trading with slight gains. The 30-share BSE benchmark was trading 10.30 points higher at 72,800.43 and the Nifty was trading 8.85 points higher at 22,135.60. In Asian markets, Seoul, Tokyo and Hong Kong were trading in decline while Shanghai was in gain. The US market closed with a slight decline on Monday.
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