New Delhi, 30 July — After a highly volatile trading session, the domestic stock market closed with marginal gains today. The day began on a strong note, but soon saw tug-of-war between buyers and sellers, causing fluctuations in the market throughout the session. While the first half was dominated by selling pressure, the second half witnessed a buying trend. At the end of the day’s trade, the Sensex closed up by 0.18% and the Nifty by 0.14%.
FMCG, IT, Pharma Stocks Lead Gains
During the day, stocks in the FMCG, IT, and pharmaceutical sectors saw consistent buying interest. Similarly, indices of capital goods, consumer durables, public sector enterprises, and technology closed in the green. On the other hand, shares in the automobile, realty, and metal sectors faced selling pressure. Oil & gas and banking indices also ended in the red. Overall, the broader market saw a positive sentiment, with the BSE Midcap and Smallcap indices gaining 0.17%.
Investor Wealth Rises by ₹80,000 Crore
Today’s market strength led to a rise in investors’ wealth by approximately ₹80,000 crore. The market capitalisation of companies listed on the BSE rose to ₹452.24 lakh crore (provisional) by the end of the session, compared to ₹451.44 lakh crore on the previous trading day. This translates to gains worth ₹80,000 crore for investors.
Mixed Trends Across Stocks
A total of 4,158 stocks were actively traded on the BSE today. Out of these, 2,030 stocks ended in the green, 1,966 declined, and 162 remained unchanged. On the NSE, 2,654 stocks were traded, with 1,355 closing higher and 1,299 ending lower. Of the 30 Sensex components, 15 closed with gains while the remaining 15 ended in the red. Among the 50 Nifty stocks, 23 advanced and 27 declined.
Sensex Gains After Intraday Swings
The BSE Sensex opened strong at 81,594.52, gaining 256.57 points. However, it soon faced selling pressure and dropped to a low of 81,187.06, down 150.89 points. With renewed buying in the second half, the index jumped over 430 points from the day’s low to touch 81,618.96, gaining 281.01 points. Profit booking in the last hour pulled it back, and the Sensex finally closed at 81,481.86, up 143.91 points.
Nifty Also Ends Higher After Recovering from Lows
Like the Sensex, the NSE Nifty also started the day on a strong note, opening 69.30 points higher at 24,890.40. However, early selling pressure dragged it down by 49.15 points to a low of 24,771.95. A buying surge around noon helped the index recover, and it rose more than 130 points from the day’s low to touch 24,902.30, a gain of 81.20 points. After some late selling, the Nifty ended the day at 24,855.05, up 33.95 points.
Top Gainers and Losers
Among the top gainers of the day were Larsen & Toubro (up 4.85%), Sun Pharmaceuticals (1.36%), NTPC (1.26%), Maruti Suzuki (1.19%), and Tata Consumer Products (1.08%).
On the flip side, Tata Motors dropped 3.45%, followed by Hero MotoCorp (1.71%), Power Grid Corporation (1.42%), Bajaj Auto (1.03%), and Eternal (1.01%), making them the top losers of the session.
My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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