After a day off, the stock market ended on a positive note after a cautious
start on Tuesday. Following this, the Mumbai stock market index Sensex rose
204 points to stabilize.
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What is happening in the stock market today
Global market cues were weak. The domestic
market
started cautiously due to this impact. But as time went on, support for
buying leading stocks came. Auto, power companies, metal, public sector
banks and realty stocks were particularly well supported during the
afternoon trade. However, shares of Pharma, HealthCo and FMCG faced
selling. Also, foreign institutional investors' focus on repurchasing
stocks helped the market rally, stock brokerages said.
Market value volatility: Meanwhile, the market capitalization value
fluctuated by Rs 2.34 lakh crore to close at Rs 331.05 lakh crore. Last
Friday, foreign institutional investors invested Rs. 2,625.21 crores worth
of shares were bought.
Sensex
advance: The Sensex, which opened the morning up 93.68 points at
66,063.72, settled down at 65,906.65. The Sensex, which later touched a
high of 66,256.20, ended up 204.16 points (0.31 percent) at 66,174.20.
1982 shares gained out of a total volume of 3,972 shares traded on the
BSE. 1,811 stocks fell. 179 stocks remained unchanged. On the Sensex list,
23 stocks were gainers and 5 stocks were losers.
Nifty up 95 points: The Nifty, comprising 50 top-tier stocks of the
National Stock Exchange, rose 49.95 points in the morning to open at
19,844.65 and settle at 19,800.00. Later, the Nifty, which touched a high
of 19,916.85, ended up 95 points (0.48 per cent) to close at 19,889.70. A
total of 1,068 stocks were gainers and 1,086 stocks were losers in the
national stock market. In the Nifty list, 39 stocks were gainers and 11
stocks were losers.