look news india
August 20 was a day of relief for investors in the Indian stock market. Breaking the trend of recession and decline that has been going on for the last 7 consecutive trading sessions, Indian equity indices closed strongly in the green today. All-round buying was seen in the market, due to which investors’ portfolios improved.
Great rise in Sensex and Nifty
At the end of trading, the major sensitive index Sensex closed at the level of 77,537.72 with a strong gain of 628.04 points or 0.82 percent. At the same time, Nifty of National Stock Exchange also managed to jump 153.55 points or 0.64 percent and closed at the psychological level of 24,231.85.
A total of 4,549 shares were traded on the Bombay Stock Exchange (BSE), out of which 2,448 shares were up, while 1,876 shares closed in the red with a decline and there was no change in the prices of 225 shares.
Which stocks shined the most?
Heavy buying was seen in selected leading stocks in today’s trading. Among the top gainers of Nifty, shares of Eternal, Kotak Mahindra Bank, Bajaj Finance, ITC and Shriram Finance were prominently included. On the other hand, due to profit-booking, shares of Hindalco Industries, Bharat Electronics, Tata Consumer, InterGlobe Aviation and Nestle recorded slight weakness.
Shopping enthusiasm seen in all sectors
In today’s session, almost all the sectors of the market closed in the green. Especially a spectacular increase of 2 percent was seen in the media index and 1.4 percent in the realty index. Apart from this, Auto, FMCG, Pharma, IT, Private Bank and Infrastructure indices also closed with a gain of 0.4 to 0.8 percent. There was enthusiasm in the broader market too, where Nifty Midcap index gained 0.4% and Smallcap index gained 0.7%.