Stock Market Closing On 30th September 2022: In the Indian stock market, the brakes have been put on the continuing decline from the trading session for the last seven days. Despite the 50 basis point increase in RBI’s repo rate, buying returned in the Indian stock market, due to which the stock market closed with great momentum. At the end of trading today, the Sensex of the Mumbai Stock Exchange rose 1017 points to 57,426 points and the Nifty of the National Stock Exchange closed at 17,094 points with a jump of 276 points.
The biggest relief for the market is that the bad news of the increase in the repo rate was also digested by the market. And after this, buying in banking stocks filled the market with enthusiasm. Nifty Bank climbed 984 points to close at 38,631 points, up 2.61 per cent. Stocks in IT, Auto, Pharma, Metals, Energy, Consumer Durables and Oil and Gas sectors also rose. Mid-cap and small-cap stocks also closed sharply. Of the 50 stocks of Nifty, 41 stocks closed in the green, while 9 shares closed in the red mark. Out of 30 Sensex stocks, 25 stocks were bought and they closed with a sharp rise, while 5 shares closed in the red mark.
Out of 3538 shares in the market, 2327 shares closed in the green, while 1112 shares declined. There has been no change in the price of 99 shares. While 241 shares closed the upper circuit, 162 shares closed seven of the lower circuit. The market cap of the shares listed on BSE has been Rs 271.86 lakh crore.
If we look at the stocks which rose today, Bharti Airtel 4.49 percent, IndusInd Bank 3.78 percent, Bajaj Finance 3.28 percent, Titan Company 2.93 percent, HDFC Bank 2.93 percent, Kotak Mahindra 2.69 percent, Bajaj Finserv 2.63 percent, Tata Steel 2.53 percent. closed at a rapid pace.
Among the declining stocks, Asian Paints also declined today and closed at Rs 3342, down 1.26 per cent. Dr Reddy closed down 0.61 percent, ITC 0.32 percent, Tech Mahindra 0.23 percent, HUL 0.18 percent.
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