HomeLifestyleClosing Bell: Diwali continues for investors, Sensex crosses 61000 and Nifty closes...

Closing Bell: Diwali continues for investors, Sensex crosses 61000 and Nifty closes at 18145


Sensex closed with a gain of about 375 points and Nifty by about 133 points.
The market started fast and the Sensex crossed the 61,000 mark.
On Friday and Monday also the market had closed with an increase.

New Delhi. Diwali continues unabated for investors in the stock market. The market has closed with an increase in the fourth consecutive trading session today. The Sensex closed at 61,121.35 with a gain of 374.76 points (0.62 per cent) today. Significantly, this is the highest level of 9 months of the Sensex. At the same time, Nifty closed trading at 18,145.40 with a gain of 133.20 points (0.74 per cent).

The market opened with a bang today. The effect of positive signals from global markets was visible in the domestic market and the Sensex started trading at 61,066 with a gain of 319 points. At the same time, Nifty opened 120 points above its previous close and started trading at 18132.

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Which sectors showed maximum growth
Nifty Metal was the biggest returnee sector today with a gain of 2.38 per cent and Pharma 2.12 per cent. Apart from this, Nifty Healthcare 1.93 per cent, IT 1.89 per cent, Realty 0.92 per cent, Financial Services 0.37 per cent, Oil and Gas 0.32 per cent and Auto Sector up 0.26 per cent. Nifty Media and Bank lost 0.27 per cent and 0.04 per cent respectively.

These 5 stocks made investors silver.

Which shares made silver?
In today’s trading, Adani Enterprises was the highest returner on Nifty with a gain of 6.94 percent. After this DV Lab gave 6.10 percent, NTPC 5.14 percent, PowerGrid 2.91 percent and Grasim Industries 2.51 percent profit to their investors. On the other hand, Axis Bank was the biggest loser with a fall of 3.81 per cent. After this, UPL fell 1.63 percent, Eicher Motors 1.41 percent, Maruti Suzuki 0.97 percent and Reliance Industries 0.70 percent to become today’s top 5 losers.

Sensex, Top Gainers, Nifty, Share Market Closing, Closing Bell

The highest profit-booking was done in these 5 stocks.

Why is there a boom in the market
Vinod Nair, Head of Research, Geoji Financial Services, says that the bulls, supported by FII and positive global cues, have kept their grip on the market. He said the PMI numbers show that manufacturing activities were in full swing in October as well. According to Nair, investors are keeping an eye on the upcoming RBI meeting. Rupak Dey, Senior Technical Analyst, LKP Securities says that there is strong resistance near 18300 for Nifty. He says that if Nifty stays above 18000 then there is no possibility of a very sharp fall in it.

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