Stock Market Closing On 20 August 2024: Tuesday’s trading session proved to be very auspicious for the Indian stock market. Due to investors’ buying in banking and IT stocks, the Indian stock market closed with a great rise in today’s session. Mid-cap and small-cap stocks also saw greenery. At the end of today’s session, the BSE Sensex closed at 80,902 points with a jump of 378 points, while the National Stock Exchange’s Nifty closed at 24,700 points with a jump of 126 points.
Market cap jumps by 2.50 lakh crores
Due to the tremendous growth in the Indian stock market, investors’ wealth has also seen a tremendous jump. The market cap of stocks listed on BSE has reached Rs 456.58 lakh crore, which was Rs 454.39 lakh crore in the last session. In today’s session, the market cap has increased by Rs 2.19 lakh crore.
rising and falling stocks
In today’s trading, 24 out of 30 Sensex stocks closed with gains and 6 with losses. While 38 out of 50 Nifty stocks closed with gains and 12 with losses. Among the rising stocks, Bajaj Finserv closed with a gain of 3.20%, Indusind Bank 2.54%, Tech Mahindra 2.01%, Kotak Bank 1.47%, Axis Bank 1.12%, NTPC 1.02%, Sun Pharma 0.91%, Nestle 0.82%, HCL Tech 0.77% and SBI 0.71%. While among the falling stocks, Bharti Airtel closed with a loss of 1.30%, ITC 0.48%, Adani Ports 0.35%, JSW Steel 0.21%, Tata Motors 0.16%.
Sectoral Updates
In today’s trade, the sectors whose stocks rose include banking, IT, auto, pharma, metals, real estate, energy, consumer durables, healthcare and oil and gas sector stocks. Only FMCG and media stocks saw a decline. In today’s trade, both the indices closed with gains due to buying in midcap and smallcap stocks. India Vix closed at 13.82 with a decline of 3.49 percent.
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