Saturday, May 18, 2024

Stock Market Closing Bell | Sensex closed up 328 points, Nifty at 22,200


Leaders Online Desk: Sensex and Nifty in the Indian stock market closed higher for the third consecutive session on Tuesday (Dec. 14). Auto, metal and energy sectors were the top gainers in the market. Sensex gained 500 points in today's trading session. It then settled at 73,104, an increase of 328 points. While the Nifty rose by 113 points to close at 22,217.

During the Lok Sabha elections, there was a volatile situation in the stock market in the last few days. Overall, investorsWait And Watch' role was taken. But the market recovered from the decline in the last three sessions.

Market highlights

  • Bullish atmosphere in the market in consecutive sessions
  • Shares of M&M rose the highest on the Sensex by 3.76 percent
  • Shares of TCS fell by 1.14 percent
  • BSE Midcap closed up 1.1 percent
  • Shares of Adani Enterprises rose 5.40 percent on the Nifty
  • Shares of Cipla fell about 4 percent
  • Nifty Metal Top Gainer in Sectoral Indices
  • Who is the top gainer in the sectoral index?

BSE Midcap gained 1.1 percent and Smallcap 1.7 percent. Nifty metal remained the top gainer in the sectoral indices. This index increased by 2.77 percent. After that, Nifty Auto and Oil & Gas gained 1.8 percent each. Nifty PSU Bank, Consumer Durables and Realty gained 1 percent each. Nifty FMCG and Pharma fell 0.5 percent each. 9 out of 13 major sectoral indices saw gains in today's session.

What is the position on Sensex?

M&M, LT, JSW Steel, NTPC, IndusInd Bank, Sun Pharma, SBI, Reliance, Maruti, Titan, Ultratech Cement, Tech Mahindra, Wipro gained on Sensex. TCS, Nestle India, Axis Bank, ICICI Bank fell.

sensex closing
sensex closing

Which stocks are bullish on Nifty?

On the Nifty, Adani Enterprises, M&M, Hero MotoCorp, ONGC, LT gained between 2-5 percent. The shares of Cipla, TCS, Tata Consumer, Nestle India, Axis Bank fell.

Nifty 50Nifty 50
Nifty 50

Shares of Shriram Finance are booming, what is the reason?

Shares of Shriram Finance rose 5 percent to Rs 2,419 on BSE. Meanwhile, the shares traded at Rs 2,329 in afternoon trade. Shares of Shriram Finance rose after the NBFC firm's board approved the sale of housing finance unit – Shriram Housing Finance (SHFL) to US private equity firm Warburg Pincus for Rs 4,630 crore.

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