Amidst strong global cues, the domestic stock market has witnessed fierce fireworks before Diwali. Sensex and Nifty reached record highs in today’s business. At the end of the business, both of the indices slipped slightly from their index highs, but they have recorded a close. At the end of trading, the Sensex saw a rise of 704 points and it was at the level of 42597. At the same time, the Nifty gained 197 points and closed at the level of 12461. Earlier the market was never closed at this high. Today the Sensex touched a record level of 42645. While the Nifty touched a record high of 12474.
This is the sixth consecutive day in the market. Historic election rally continues in the US, the effect of which is visible on the markets worldwide. There has been all-round shopping in today’s business. Bank and financial stocks have shown strong boom. The IT index has also strengthened. There is also a boom in the broadcaster market. Midcap and Smallcap shares have also risen.
Among today’s top gainers, IndusInd Bank and Airtel are up 5 percent. ICICI Bank, Axis Bank, Powergrid, Tata Steel, Titan Company and HDFC Bank were the top gainers. At the same time, there was a decline in Maruti, ITC and Bajaj Finserv.
In today’s business, there has been all-round shopping in the market. The major 11 indices of the Nifty have seen a rise in 10. Bank and financial index is up 2.7 percent and 2 percent. The IT index is up more than 1.5 percent and the metal is up 1.8 percent. The realty index has been rising around 1.5 percent. The FMCG index has gained 1 percent. Auto index has also closed strong by 0.8 per cent. Pharma also closed strong.
