Market showed smart recovery from lower level, Sensex rose 366 points, Nifty closed above 17,200
There is a brake on the decline of 5 days in the market. Today the market started with weakness but during the trading day, the market showed a smart recovery from the lower level and finally closed with good gains. Today Nifty closed with a correction of 430 points from the lower level. On the other hand, the Sensex closed with an improvement of 1,452 points from the lower level. Nifty Bank closed higher by 1,290 points from the lower level.
In today’s business, all sectors except IT, consumer durables have closed on a fast track. Auto, banking, power, realty indices have risen the most. Buying was seen in midcap, smallcap stocks. BSE Midcap stock closed with a gain of 1.03 per cent and Smallcap by 0.81 per cent.
At the end of trading, the Sensex closed at 57,858.15 with a gain of 366.64 points, or 0.64 per cent. On the other hand, Nifty closed at 17,278.00 with a gain of 128.90 points or 0.75 percent.
Maruti Suzuki, Axis Bank, SBI, IndusInd Bank and UPL have been the top gainers of Nifty. On the other hand, Wipro, Bajaj Finserv, Titan Company, Infosys and Tech Mahindra have been the top losers of Nifty.
