Categories: Business

sensex ends 185 points up nifty up 65 points

Photo: FILE

stock market today

new Delhi. The stock market has seen an increase for the second consecutive day today. However, this increase was within a boundary between the concerns over Indo-China tension and Corona. In today's trade, the Sensex has ended at a level of 39086 with a gain of 185 points. The Nifty closed at 11535 level with a gain of 65 points. With today's gains, the stock market has recorded a boom in 8 of the last 9 trading sessions. In today's business, there is an upward trend in the metal and auto sector.

In the beginning of today's trading in the stock market, there was limited range fluctuations. However, after the positive signals from the European market, the market strengthened and the major indices closed in the green mark. In today's trade, 37 stocks included in the Nifty closed with an increase. Out of this, the returns of 28 stocks have been better than the returns of Nifty. Zee Entertainment was the biggest gainer, with the stock closing up 7.46 percent. On the other hand, Mahindra & Mahindra saw a growth of 6.13% and Tata Motors 5.11%. Bajaj Auto was the biggest loser among the Nifty stocks, with the stock closing down 2.38 per cent.

The metal sector was the biggest gainer in the sector, with the index closing 1.87 percent higher today. With the continued relaxation of restrictions, the sector is expected to witness a surge in metal demand. At the same time, IT sector index has increased by 1.51 percent and Auto sector index by 1.41 percent. Pharma sector closed up 0.8 per cent, FMCG sector 0.4 per cent and banking sector 0.29 per cent. On the other hand, the index of public sector banks declined by 0.21 percent.

This post was published on September 2, 2020 5:05 pm

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