Share Market Closing: On Thursday, the domestic stock markets showed a closing with a correction after a negative opening. Today the trading session remained volatile throughout the day, however, the benchmark index managed to close near the day’s highest level.
On closing, the Sensex closed at the level of 48803.68 with a gain of 259.62 points, or 0.53%, while the Nifty closed at 14581.50 with a gain of 76.70 points, or 0.53%. After today’s trading, about 1226 shares have gained and 1611 shares have fallen, while there is no change in 162 stocks.
Today, the metal and pharma stocks showed a boom, they rose by one per cent. Whereas, the stocks of auto and PSU banking sector were seen beating today.
If we look at the opening, the major stock index Sensex broke over 200 points in early trade on Thursday due to the fall in shares like Infosys, ICICI Bank and M&M amid negative domestic and global signals. The Sensex was down 216.73 points or 0.45 percent to reach 48,327.33. Similarly, the broader NSE Nifty slipped 62.55 points or 0.43 percent to 14,442.25.
If you look at the figures of 10.53 in the morning, then the index has fallen by 326.04 points i.e. 0.67 percent and the index was running at 48,218.02. During this period, the Nifty was trading at a level of 14,417.25, taking a drop of 87.55 points, ie 0.60 per cent.