Stock Market Today: After day-long fluctuations, the stock market closed in the green on the last trading day of the week. The Sensex closed at 82,814.71 with a rise of 316 points or 0.38 per cent. At the same time, Nifty also closed at 25,571.25 with a rise of 116 points or 0.46 percent.
India’s major stock indices Nifty and BSE Sensex showed strength after initial fluctuations. Even though the trading started flat, as the session progressed, the buying trend in the market intensified and gained momentum. Despite the initial weakness in IT stocks, buying in other sectors balanced the pressure, which restored investor confidence on Dalal Street.
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Sector-wise trends were mixed. Strength in Banking, Metal, PSU Bank and Financial Services stocks provided broad support to the market. At the same time, pressure was seen on IT, realty, midcap IT, chemicals and select healthcare indices. On the other hand, FMCG, Auto, Oil & Gas and Consumer Durables shares registered slight gains, indicating selective buying amid a cautious environment.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
