stock market sensex nifty made new record of high psb fmcg stocks lead mdn

Stock Market Closing Bell: In the Indian stock market, on the second trading day of the week, the stock market opened with a rise in the pre-opening and then within some time, both the indices lost their lead. BSE’s 30-share index Sensex rose 254.11 points to 71,569.20 in early trade. Nifty rose 61.35 points to 21,480. However, at 11.40 am the Sensex achieved its first closing position. After this, it continued to move forward rapidly. Till the closing bell, the Sensex closed at 71,437.19 with a rise of 0.17 percent or 122 points. Whereas, Nifty closed at 21,453.10 with a rise of 0.16 percent or 34.40 points. , During trading, both the stock market indices created new records. Sensex reached all-time high of 71,623 and Nifty 21,505. However, with no major triggers currently present, analysts expect the market to continue to oscillate between gains and losses. Ambrish Baliga, an independent market analyst, said no major triggers are expected in the next few days. People are moving money around to get the best returns. However, broader markets witnessed mixed trading. At 2.40 pm, the BSE smallcap index hit an all-time high of 42,544 and the midcap index slipped 0.1 per cent to 36,253. ONGC, Nestle, Apollo Hospital, Britannia and Coal India were the top gainers of Nifty. TCS, HDFC Bank, Titan Company, HCL Tech and Kotak Mahindra Bank were the top losers of Nifty.