Stock Market Highlights: Nifty Hits High of 18,000, Sensex Zooms Nearly 800 to End at 60,746

0

Stock Market Highlights: Nifty hit a high of 18,000 on Monday for the first time since Sept. 13, recording a jump of 231 points while closing the session at 18,018.30. It was up 1.3% from Friday’s closing level. In the 50-stock index, 44 stocks rose while six fell. Ultratech Cement Company, Eicher Motors and HDFC were the top three winners today on the NSE with Apollo Hospitals, Dr Reddy’s and NTPC proving to be the biggest laggards.

Meanwhile, BSE Sensex closed at 60,746.59, gaining almost 786.74 points or 1.31%. In the 30-stock index, 27 stocks were trading in the green at the close while three were in the red. The winners were Ultratech Cement Company, HDFC and Sun Pharma. The losers were NTPC, Dr Reddy’s and Indusind Bank.

Here are the main highlights of the day’s trade:

1) Nifty50 broke above 18,000 for the first time in 48 days.

2) On BSE, 147 stocks hit their 52-week high while 61 stocks hit their 52-week low. The number of stocks that reached their upper circuits was 267 versus 216 that reached their 52-week lows.

3) The 15 sector indices close on a positive note. Nifty Auto (+1.45%), Nifty Financial Services (+1.39%) and Nifty Consumer Durables (+1.48%) are the big winners.

4) NIFTY MIDCAP 100 settled at 31,432.30, following a big move from the benchmarks to close 1.38%.

5) Markets opened cautiously and gained momentum as the session progressed. Global signals and investor buying interest catapulted markets.

Also read: Why is Sensex, Nifty going up? 4 Factors Behind Today’s Strong Stock Market Rally

6) The Volatility Index fell 15.80, down 0.75% from Friday’s closing levels.

That’s all that comes from the stock markets today. I’ll bring you all the action when the markets reopen on Tuesday. Until then, me, Shivendra Kumar signs. Have a good day !

Share.

Comments are closed.