New Delhi : On the second trading day of the week today, the domestic stock market once again appeared to climb to a new high of strength with the support of buying. With the support of continuous buying, both the indices Sensex were successful in crossing 60 thousand points and Nifty 17,900 points. could not maintain their gains due to profit-booking in the second session of the day. Due to the sell-off in the afternoon, the stock market fell, despite this, due to the support of buying, the Indian stock market was successful in closing with a strength of about one percent.
Due to positive global cues, Tuesday turned auspicious for the investors of the domestic stock market. In the first session of the day today, there was all-around buying in the market, due to which both Sensex and Nifty indices were seen climbing higher. In today’s business, there was continuous buying in the automobile, banking and pharmaceutical sectors. Similarly, most of the stocks in FMCG, metal and realty sectors also closed strongly on the support of buying.
All the sectoral indices of BSE closed with strength in the day’s trading today. After buying and selling from morning till evening, 24 of the 30 stocks included in the Sensex closed in the green mark after profiting from the support of buying, while 6 shares were caught in the selling pressure and closed in the red mark. Similarly, out of 50 stocks included in Nifty, 44 shares closed in the green mark by making a profit and 6 shares faced a loss in the red mark.
The Bombay Stock Exchange (BSE) Sensex started trading at 59,556.91 with a gain of 415.68 points today. As soon as the market opened, the buyers became active and started buying all-around. With the support of buying, the Sensex also gained momentum immediately and started climbing upwards. This round of shopping in the market continued till around 12:30 in the afternoon. By that time, the Sensex had reached its highest level of 60,105.79 points with a strength of 964.56 points.
However, after reaching this spectacular high, profit-booking started in the market. Especially after 2 pm, there was a fierce sell-off in the stock market due to profit-booking, due to which the Sensex slipped below the mark of 60 thousand points. Despite this decline, the index closed at 59,719.74 with a gain of 578.51 points.
Like the Sensex, the Nifty of the National Stock Exchange (NSE) started trading today with a gain of 148.15 points from the level of 17,770.40 points. Nifty also got the support of buying in the market and this index started showing momentum from early trading. Nifty also felt the shock of selling in the market from time to time. Despite this, Nifty continued to move upwards with the support of continuous buying.
By 12:30 pm, Nifty jumped 297.05 points to reach today’s upper level of 17,919.30 points due to buying in the market. But after this, the profit-booking started in the market and also affected the Nifty. Due to the selling started in the market, Nifty fell by about 100 points from the upper level till the end of today’s trading. Despite this, the Nifty ended today’s trading at the level of 17,816.25 points with a strength of 194 points.
After the day’s trading, Apollo Hospitals was among the top 5 gainers of the stock market with a gain of 5.83 percent, Cipla 5.40 percent, Sun Pharmaceuticals 4.24 percent, Eicher Motors 3.38 percent and IndusInd Bank by 3.13 percent. . On the other hand, Nestle 0.79 percent, Shree Cement 0.68 percent, Grasim Industries 0.44 percent, Power Grid Corporation 0.19 percent and Infosys 0.13 percent in the list of top 5 losers today.