Leaders Online Desk: Indian stock markets traded higher for the third day in a row on Saturday (Dec 18) amid positive global cues. In today's special session (Stock Market special session), Sensex reached the level of 74 thousand. Nifty crossed the 22,500 mark. The Sensex rose 88 points to close at 74,005. Nifty rose marginally by 35 points to settle at 22,502. Around 2,359 shares gained today. 998 shares fell. No change was seen in 130 shares.
All sectoral indices closed higher in today's special trading session. Capital goods, PSU and media remained at the forefront. Metal, PSU Bank, Pharma, Realty indices also traded bullishly.
Market developments
- Sensex, Nifty closed higher for the third consecutive session
- Sensex rose 88 points to close at 74,005
- Nifty crosses 22,500 mark
- Around 2,359 shares gained today
- 998 shares fell
- There was no change in 130 shares
Today's trading session was divided into two sessions from 9:15 am to 10 am and 11:45 am to 12:40 pm. This special live trading session was conducted to test preparedness to handle unexpected disasters. Today's special session was held in two sessions. Where equity and equity derivative segments are traded for shorter periods.
What happened in the first semester?
Sensex, Nifty settled flat in first special trading session. The Sensex opened at 73,921 in the first session between 9:15 am and 10 am. After that he touched the number of 74 thousand. It rose 42 points to close at 73,959 in the first session. While the Nifty settled at 22,481 with a minor gain of 15 points.
2,239 shares gained in the first session. While 836 shares saw decline. There was no change in 110 shares. At the sectoral level, Capital Goods, Media indices remained in the lead. It rose by 1 percent. Metals, PSU Bank, Pharma and Realty also remained bullish.
Which stocks rose?
Shares of Nestlé India were the top gainers on the Sensex in today's special session. The stock rose 2 percent to Rs 2,500. At the same time, the shares of Tata Motors, HCL Tech increased. While the shares of JSW Steel, M&M, Ultratech Cement fell.
Nestlé India, Powergrid, ONGC, Hindalco continued to gain on Nifty. While the shares of JSW Steel, M&M, Ultratech Cement, Titan fell marginally.
Trading in the second session
Sensex and Nifty opened flat in the second session. The Sensex then gained 100 points and closed with a gain of 88 points. Nifty closed marginally higher by 35 points at 22,502.
Nifty 50
Foreign investors turned to buying
Foreign institutional investors (FIIs) turned out to be net buyers in the Indian stock market on Friday, according to exchange data. He has purchased shares worth Rs 1,616.79 crore.
What is the status of the global market?
The Dow Jones Industrial Average in the US market rose by 134 points and crossed 40,000 for the first time. The Down Jones is up 1.2 percent this week. The S&P 500 rose 1.5 percent and the Nasdaq rose 2.1 percent. Data earlier this week showed that consumer prices eased in April, raising hopes that the US Federal Reserve will cut interest rates twice this year. Due to this, there was a bullish atmosphere in the market here.
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