Stock market continues to boom, Sensex closed up by 319 points

BusinessStock market continues to boom, Sensex closed up by 319 points

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Stock market continues to boom, Sensex closed up by 319 points

Mumbai: The domestic stock market has seen a good boom amid better global cues. Business has been shopping in both the Sensex and the Nifty. The Nifty has closed around 14950. Has crossed the Sensex level. At the end of trading, the Sensex is currently up by 319 points and has closed at the level of 49525. At the same time, the Nifty has gained 119 points and has closed at the level of 14942.

In today’s business, the market has got good support from the metal, auto and pharma sectors. Metal index is up 3 percent, Pharma index is up about 3 percent and Auto index is up 1.5 percent. Banks and financial indices have also closed in the green mark. Today L&T, Dr Reddy’s and Sun Pharma are among the top gainers, while UltraTech Cement, Infosys and HCL Tech have been weak. Talking about global signals, the Dow Jones closed at record levels on Friday. Other markets also closed strong. At the same time, there is a boom in Asian markets today.

In today’s business, good purchases have been seen in largecap stocks. 23 stocks of Sensex 30 have been rising, while 7 have closed in the red mark. The list of top gainers includes L&T, Dr. Reddy’s, Sun Pharma, NTPC, IndusInd Bank, PowerGrid and ONGC. While the top losers include Ultratech Cement, Infosys, HCL Tech, Reliance Industries, Axis Bank and Asian Paint.
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