flat trading in the stock market
Mumbai:
On the second trading day of the week, the stock markets started flat today. Sensex is trading down only 4 points and Nifty down 2 points. Sensex is trading at 60051 and Nifty at 17741. Advances are visible in 25 stocks and decline in only 25 in Nifty. The stocks which are seeing a boom in Nifty include INDUSINDBK, HEROMOTOCO, MARUTI, BHARTIARTL, BAJAJ-AUTO. On the other hand, 2350 shares are being traded in Sensex today. Out of these, 1389 are rising while 863 are declining. 67 stocks have touched a 52-week high while 14 stocks are at a 52-week low. Upper circuit has been installed in 92 stocks, while lower circuit has been installed in 46 stocks.
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Significantly, on Monday, buying in financial and banking stocks led to a rise in the local stock market amid improvement in investor sentiment due to good quarterly results of major companies and the Sensex jumped 401 points to cross the 60,000 mark again. At the end of volatile trading, the 30-share BSE Sensex closed at 60,056.10 points, up 401.04 points, or 0.67 percent. During the trading, the Sensex went up to a high of 60,101.64 and came down to a low of 59,620.11.
The National Stock Exchange’s Nifty also gained 119.35 points, or 0.68 percent, to reach 17,743.40 points.
Among the Sensex companies, Wipro, Axis Bank, Titan, UltraTech Cement, HDFC Bank, HDFC, HCL Tech and Reliance Industries closed with gains. Shares of Reliance, which registered a record profit of Rs 19,299 crore in the March quarter, rose 0.35 percent.
On the other hand, shares of Bajaj Finance, Infosys, Mahindra & Mahindra and Maruti Suzuki declined.
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