HomeLifestyleShare Market: Metal sector did wonders, Nifty and Sensex jumped

Share Market: Metal sector did wonders, Nifty and Sensex jumped

Highlights

The BSE Sensex has gained 212.88 points today.
Nifty 50 has gained 102.20 points (0.58 percent).
Bank Nifty rose by 205.00 points (0.50 per cent) today.

New Delhi. On Thursday, there was a rise in the Indian stock markets on the day of weekly and monthly expiry. The BSE Sensex closed at 59,756.84 with a gain of 212.88 points (0.36 per cent). The Nifty 50 has gained 102.20 points (0.58 per cent) and closed at 17,758.50. Bank Nifty rose by 205.00 points (0.50 per cent) today and closed at 41,327.80.

Indian markets were closed yesterday on Wednesday. After closing in green color on Thursday, the BSE Sensex has jumped in the last 7 trading sessions. However, on October 25, Nifty 50 closed down. The metal sector showed a great rally in the market today. Apart from this, green color was also seen in Asian markets, with the help of which the Indian market was also positive.

Also Read – For the First Time in 25 Years, IT Sector Stocks Completely Out of Portfolio! But why? Learn

One of the reasons for the rally in Indian markets is also the softening of their stance by global central banks. Along with the Reserve Bank of India, the US Fed has also indicated that the upcoming monetary policy may remain soft.

Nifty 50 top gainers

company price Increase (in Rs.) Growth (in %)
JSW Steel 682.00 37.65 5.84
Hindalco 412.50 14.10 3.54
Tata Steel 104.20 3.00 2.96
Adani Ports 820.30 19.95 2.49
Power Grid Corp 223.80 5.30 2.43

Top losers of Nifty 50

company price Decline (in Rupees) in decline)
Bajaj Finance 6,985.00 -117.90 -1.66
Bajaj Finserv 1,631.95 -26.60 -1.60
Asian Paints 3,050.95 -33.95 -1.10
Bajaj Auto 3,625.00 -29.10 -0.80
Tech Mahindra 1,075.90 -6.60 -0.61

Tags: BSE Sensex, NSE, Share market, stock market

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