Stock Market Closing On 26 July 2024: The last trading session of the week for the Indian stock market has brought relief to investors. The decline that was continuing for five days was halted today. The National Stock Exchange’s Nifty has managed to make an all-time high. Due to buying in IT, auto, consumer durables and pharma stocks, the Sensex closed with a jump of 1350 points. While the National Stock Exchange’s Nifty closed at 24,850 points with a jump of 444 points. Investors’ wealth has increased by Rs 7 lakh crore. The market cap of stocks listed on BSE closed at Rs 456.90 lakh crore.
Pharma-Healthcare-Auto-IT stocks rise
Nifty managed to touch the all-time high and out of 50 Nifty stocks, 47 closed with gains while only three stocks closed with losses. The stocks that contributed to the rise in Nifty include Shriram Finance which closed with a gain of 9.18 percent, Divi’s Lab 5.36 percent, Cipla 5 percent, Bharti Airtel 4.50 percent, Apollo Hospital 4.37 percent, Adani Enterprises 3.60 percent, Adani Ports 3.75 percent, Wipro 3.54 percent. Only ONGC closed with a decline of 1.25 percent, Tata Consumer Products 0.81 percent, Nestle 0.15 percent.
All sectors closed with speed
In the boom in the market, the index of all sectors closed in the green mark. Nifty IT saw the biggest boom, apart from this, auto stocks, banking, pharma, healthcare, energy, metals, consumer durables, oil and gas, media and real estate stocks closed with gains. The boom in the Indian market has received great support from the global market. The US stock market closed with gains on Thursday. So in Friday’s session, the European market is trading with gains. After this great boom in the market, the volatility measuring index India VIX closed with a weakness of 3.01 percent.
read this also
Hero Moto Corp: Hero Moto Corp gets big relief from income tax, tax demand of Rs 2300 crore cancelled