Stock Market update: The stock market made a comeback in the style of a film hero, Bulls killed Bears

Stock Market update: The stock market made a comeback in the style of a film hero, Bulls killed Bears

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new Delhi. The Indian stock market started on a weak note today, but as the trading day progressed, it started improving from lower levels, due to which the Sensex closed at 57,989.30 with a gain of 696.81 points or 1.22 per cent at the end of trading. Nifty also gained 197.90 points or 1.16 per cent and closed at 17,315.50.

In today’s business, except FMCG, Pharma and Realty sectors, there was an increase in all sectors. Banking stocks contributed well in today’s rally. Bank Nifty closed at 36,348.50 with a gain of 0.92 percent. Apart from this, Nifty IT has gained about 2 per cent, Nifty Auto by 1.2 per cent, Nifty Financial Index has gained 0.92 per cent and Nifty Metal has gained 0.72 per cent.

Bulls beat Bears
Today’s scene in the stock market was such that a hero in a film becomes dead after being beaten by a villain for a long time and then miraculously suddenly wakes up. A new enthusiasm starts showing in him and then he kills the villain and all his people and drives them away. Bears dominated the market since this morning and Bulls were going back. But at 12:40, the Bulls were able to bring a one-sided move in the market by putting all their might.

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Mid and small cap stocks also rose
Along with heavyweight stocks, mid and smallcap stocks also saw buying today. The BSE Midcap index closed at 23,701.38, up 0.17 per cent. At the same time, BSE Smallcap closed with a gain of 0.15 percent.

Tags: BSE Sensex, stock market today

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