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The Indian stock market closed in the green zone today i.e. Monday 14 October. In the morning also the market opened with a gain of 195 points. Today's session was very good for the Indian stock market. The surge in the market was due to buying by investors, all credit for which went to banking and IT stocks. In today's session, Sensex managed to cross 82000 and Nifty 25000.
Midcap and smallcap stocks also saw growth in today's trading. At the close, BSE Sensex rose 591 points to close at 81,973. National Stock Exchange's Nifty closed at 25,127 points with a jump of 164 points.
Sectoral Update
A strong rise was seen in Banking IT shares in today's trading. Nifty Banking index closed up 1.26 percent or 644 points. While Nifty IT index closed with a gain of 537 points. Apart from this, shares of Pharma, FMCG, Infra, Consumer Durables, Healthcare and Auto sectors witnessed a rise. Declining stocks included metals, media and commodities. In today's trading, Nifty Midcap and Smallcap indices also closed with strong gains.
A decline was seen in the market on Friday
Earlier on October 11, a decline was seen in the stock market. Sensex fell 230 points to close at 81,381. Nifty also fell by 34 points and closed at 24,964.