Categories: Business

Sensex gains 409 points; Nifty closes above 10800

stock market today
Image Source: GOOGLE

new Delhi. With the help of signals from foreign markets, the domestic stock market has started rising again after the fall on Wednesday. Given the trend in foreign markets today, the domestic market has once again seen buying from investors. Thursday's Sensex closed at 409 points and the Nifty gained 108 points. In 6 out of the last 7 trading sessions, the stock market has closed with an increase. The metal sector has seen the biggest increase in today's business.

Foreign markets saw an upward trend today. China's Shanghai Composite has gained 1.39 percent. Hong Kong's Hang Seng recorded 0.46 percent and Japan's Nikkei gained 0.4 percent. On the other hand, the European market also has an early lead in the markets of Germany and France. However, the UK's FTSE is witnessing a decline. Due to the growth in the foreign market, the domestic market has also got support.

Today, all major sector indices, except the FMCG sector, closed at the NSE. Even in the FMCG sector, though the decline was limited, the index closed down 0.2 per cent. While the metal sector was the biggest gainer, the index closed up 2.21 percent. In today's business, only this sector index could register a gain of over 2 per cent. Banking sector index closed up 1.63 percent, auto sector index 0.65 percent, power sector index 0.59 percent and IT sector index rose 0.21 percent.

In today's trade, 35 stocks included in the Nifty closed today with an increase. Out of this, the returns of 24 stocks were more than today's returns of Nifty. At the same time, 10 stocks closed with gains of over 2 per cent. Among the top 5 stocks, Hindalco closed up 6.58 per cent, HDFC 4,26 per cent, SBI 4.14 per cent, Bajaj Finance 3.81 per cent and Tata Steel 3.23 per cent. Among the falling stocks, Bharti Infratel closed down 1.94 per cent, Coal India 1.54 per cent, Tech Mahindra 1.2 per cent, ONGC 0.98 per cent and Hero MotoCorp 0.85 per cent.

This post was published on July 9, 2020 4:08 pm

Content Team

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