Stock Market Closing On 28 October 2024: The first trading session of this week of Muhurta trading and Diwali has been very good for the Indian stock market. This month, the continuous selling by foreign investors has come to a halt. Due to buying by investors, Sensex again crossed the 80000 mark. All sectors including banking have contributed to this boom in the market. Buying was also seen in midcap and smallcap stocks in today’s session. After the market closed, BSE Sensex rose by 603 points to 80005 and National Stock Exchange’s Nifty rose by 158 points to close at 24,339 points.
rising and falling stocks
Of the 4147 shares traded on BSE, 2565 shares closed with gains while 1424 shares declined. No change was seen in the prices of 158 shares. Of the 30 Sensex stocks, 25 closed with gains while 5 closed with losses. Of the 50 Nifty stocks, 37 closed with gains and 13 closed with losses. Among the rising stocks, ICICI Bank closed with a rise of 3.09 per cent, JSW Steel 2.68 per cent, Mahindra & Mahindra 2.66 per cent, Adani Ports 2.57 per cent, Tata Steel 2.43 per cent, Sun Pharma 2.24 per cent, HUL 2.11 per cent. Among the falling stocks, Axis Bank closed with a fall of 1.30 percent, Kotak Mahindra Bank with a fall of 0.83 percent, Tech Mahindra with a fall of 0.72 percent, HDFC Bank with a fall of 0.46 percent and Maruti with a fall of 0.14 percent.
Investors’ wealth increased by Rs 4.50 lakh crore
The Indian stock market has seen a surge in investors’ wealth due to investors’ buying. The market cap of shares listed on BSE closed at Rs 441.54 lakh crore, which was Rs 436.98 lakh crore in the previous trading session. That means, in today’s session, there has been a jump of Rs 4.54 lakh crore in the wealth of investors.
sectorol update
In today’s trade, shares of all sectors closed sharply in the market. Shares of banking, pharma, FMCG, metals, IT and auto sectors closed sharply. Nifty Midcap index closed with a rise of 0.83 percent and Nifty Smallcap index closed with a rise of 1.20 percent.
read this also
India Investment: Swiss companies will invest 100 billion dollars in India, 10 lakh people will get employment!
