Before Dhanteras, the faces of investors in the stock market lit up. Tremendous buying was seen in the domestic stock market on Thursday. Sensex and Nifty closed with gains for the sixth consecutive trading session. Sensex jumped by more than 2,000 points, while Nifty also crossed the important level of 24,500. The special thing was that in this bullish market, the shares of banking, auto and financial sectors showed the most strength.
At the end of trading, BSE Sensex closed at 79,310.01 with a rise of 2,008.61 points or 2.60 percent. At the same time, NSE Nifty rose 576 points or 2.40 percent to reach the level of 24,536.60. Buying in the market can be gauged from the fact that a total of 2,775 shares closed with gains, while 1,329 shares closed with a decline. There was no change in the prices of 147 shares.
Most enthusiasm in auto and banking stocks
Talking about sectoral index, Nifty Auto recorded the highest increase of 4.14 percent. Nifty Financial Services rose 3.99 per cent, Nifty Private Bank rose 3.44 per cent, Nifty Bank rose 3.33 per cent and Nifty PSU Bank rose 3.13 per cent. Apart from this, there was an increase of 3.52 percent in Realty Index and 2.32 percent increase in Consumer Durables. IT index also closed up 2.42 percent. However, amid the market rally, the Media Index closed with a fall of 0.84 percent and the Energy Index closed with a fall of 0.34 percent. Limited growth was also seen in sectors like metal and pharma.
Bajaj Finance took the biggest leap
Among major Nifty stocks, Bajaj Finance was the leader with a rise of 7.65 per cent. Shriram Finance gained 6.08 percent, Mahindra & Mahindra gained 5.59 percent and Maruti Suzuki gained 5.48 percent. InterGlobe Aviation (IndiGo) rose 5.43 per cent and ICICI Bank rose 5.33 per cent. On the other hand, Apollo Hospitals was among the biggest losers, falling 2.66 per cent. Shares of ONGC, NTPC, Coal India and Bharat Electronics also declined.
Buying in midcap and smallcap shares also
Along with big companies, buying was also seen in midcap and smallcap shares. Nifty Midcap index closed with a gain of 1.8 percent and Smallcap index closed with a gain of 0.6 percent. The rise for the sixth consecutive session maintained a positive atmosphere in the market.
Also read- Before Dhanteras, gold and silver suddenly became expensive, in two days silver rose by ₹ 14,000 and gold by ₹ 7000; Check new rate of 24k and 22k
SK Sharma is a content writer who writes on news, entertainment, and lifestyle topics. She has over four years of experience and is known for conveying information in simple and clear language.
