Stock Market Update: Market closes at new heights, Sensex, Nifty rise strongly
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There was a strong rally in both the Sensex and Nifty indices in today’s trade. Sensex rose 486.49 points, or 0.75 percent, to close at 65205.05 points, Nifty closed at 19,322.55 points with a strength of 133.50 points, or 0.70 percent.
Strong global cues have seen excellent buying in the domestic stock market. There was a strong rally in both the Sensex and Nifty indices in today’s trade. Sensex rose 486.49 points, or 0.75 percent, to close at 65205.05 points, Nifty closed at 19,322.55 points with a strength of 133.50 points, or 0.70 percent. Buying is visible in most of the sectors in today’s trade. However, on Nifty, Auto, IT, Firma index closed in the red mark. While the bank, financial and metal indices closed in the green mark. In today’s business, investors have gained about Rs 1.82 lakh crore.
Top gainers of NIFTY
On the NSE Nifty, GRASIM shares gained 3.48 per cent, ITC 3.17 per cent, BPCL 2.84 per cent, BAJFINANCE 2.48 per cent, RELIANCE 2.42 per cent.
There was a break in these stocks on NIFTY
Powergrid declined by 1.84 per cent, BAJAJ-AUTO by 1.74 per cent, SUNPHARMA by 1.53 per cent, CIPLA by 1.23 per cent and MARUTI by 1.15 per cent on NSE Nifty.
Indian rupee gains
At the interbank foreign exchange market, the Indian rupee strengthened marginally by 0.07 paise to close at 82.03 against the US dollar.
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