The stock market closed with a surge before the festive week, excitement was seen
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Many festivals will start being celebrated across India from next week. With this, festivals will also begin. Before the start of the festive week, very good global signals have been seen in the last week. The effect of this was that the Indian stock market closed sharply.
There has been a rise in the market due to buying in banking and consumer durables stocks. Mid-cap and small-cap stocks witnessed a rise throughout the day. At the end of trading, BSE Sensex closed with a rise of 283 points. Its level was 64,364 points. Whereas in National Stock Exchange, Nifty closed at 19,230 points with a gain of 98 points.
It was like this all day long
There was a rise in shares of all sectors in the stock market and business on Friday. The market also closed on the green mark. Heavy buying has been seen in stocks of consumer durables sector. There was strong buying of shares in many sectors including banking, IT, auto, pharma, metals, energy, media, real estate etc. Nifty, Mid Cap index closed with an increase of 275 points and Nifty Small Cap index closed with an increase of 155 points. In Sensex shares, 20 have seen a rise while 10 have seen a fall. Out of 50 Nifty stocks, 32 showed a rise and the rest declined.
Zomato got profit
Zomato, a company that provides online ordering of food items, saw its shares jump by about 10 percent on Friday after it announced profit in the second quarter of the current financial year. The company’s consolidated net profit for the September 2023 quarter stood at Rs 36 crore. The company’s shares closed at Rs 116.40, up 8.28 percent on BSE. During trading, it rose 11.62 per cent to its 52-week high of Rs 120. It reached Rs 117.90 with a jump of 9.62 percent in the National Stock Exchange. The company had suffered a loss of Rs 251 crore in the same quarter of the last financial year. Operating income in the second quarter of this financial year stood at Rs 2,848 crore, compared to Rs 1,661 crore in the same period last financial year.
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