In the first trading day of the week, the Sensex closed at 83,305.71 with a gain of 479 points or 0.58 percent.
Stock Market Today: On Monday, there was good growth for investors in the Indian stock market. After the day’s trading, Sensex and Nifty showed a rise of 0.5 percent. The market has gained momentum after the US Supreme Court canceled the tariffs imposed by President Donald Trump. On the first trading day of the week, the Sensex closed at 83,305.71 with a gain of 479 points or 0.58 per cent. At the same time, Nifty also closed at 25,665.25 with a rise of 142.95 points or 0.56%.
How was the condition of the stock market?
In the stock market today, the market picture remained positive across sectors. Financial stocks, PSU banks, realty and auto sectors witnessed healthy gains, reflecting investors’ rising risk appetite and confidence on domestic economic growth. Defensive sectors remain strong. There was selective weakness in IT and chemical stocks, but this is being seen as caution over high valuations rather than widespread selling. Overall market sentiment remains positive with sector rotation.
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- Top Gainers – Adani Ports, Kotak Bank, Dr. Reddy’s, HDFC Life, Ultra Cement
- Top Losers – KWIL, Hindalco, Infosys, Wipro, Tech Mahindra
Why did the market rise?
US Supreme Court decision
trend in crude oil prices
rupee strengthening
Sharp rise in various sectors
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.
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