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Sensex Rallies 831 Pts To End At 60138 Nifty Surges 258 Pts To 17929 Latest News Update

News Desk, Amar Ujala, Mumbai

Published by: Abhishek Dixit
Updated Mon, 01 Nov 2021 04:54 PM IST

Summary

With the rise in Asian markets, the Indian stock market broke the trend of continuous decline in the last week. On the first trading day of this week, on November 1, the market appeared to bounce again after three consecutive days of decline.

On the first day of the week, with the rise in Asian markets, the stock market finally returned to the limelight. On Monday, Sensex and Nifty opened with gains and this trend continued till the market closed. While on the one hand the BSE Sensex crossed the 60 thousand mark, the NSE’s Nifty also crossed the level of 17900 with an increase.

Market recovered from last week’s fall
With the rise in Asian markets, the Indian stock market broke the trend of continuous decline in the last week. On the first trading day of this week, on November 1, the market appeared to bounce again after three consecutive days of decline. A rally in Asian markets supported domestic equity benchmark indices. On the other hand, buying trend in banking and IT stocks also supported the market. On the basis of all this, the 30-share Sensex of Bombay Stock Exchange closed at 60,138.46 with a gain of 831.53 points on Monday. During this, the Nifty of the National Stock Exchange also closed at 17,929.65 with a gain of 258.00 points.

Gained advantage of the rise in banking stocks
On Monday, almost all banking stocks on the Sensex saw a rise. Apart from this, the indices of all the sectors of Nifty have also closed with gains. Nifty Realty closed the most with a gain of 4.16 per cent. 26 stocks on Sensex and 46 stocks on Nifty closed with gains. Of the stocks included in the Nifty, 20 stocks gained more than two percent. IndusInd Bank closed up 7.52 percent, Hindalco 4.47 percent, Bharti Airtel 4.21 percent, HCL Tech 3.96 percent, Grasim 3.71 percent among the top gainers. On the other hand, UPL closed with a decline of 2.63 percent, Bajaj Finserv 1.61 percent, M&M 1.44 percent and Nestle India 0.44 percent.

Strong trend from the beginning
The stock market started trading on a strong note on Monday. The Sensex opened with a gain of 500 points, while the Nifty opened with a gain of 158 points. The gain further strengthened after afternoon trading. At the end of trading, the Sensex closed at 60,138.46 with a gain of 831.53 and the Nifty closed at 17,929.65 with a gain of 258 points.

last trading session
In the previous trading session on Friday, the BSE 30-share index closed 677.77 points or 1.13 per cent lower at 59,306.93. On the other hand, NSE’s Nifty fell 185.60 points or 1.04 per cent to close at 17,671.65. Last week, the stock market continued to fall for three consecutive days.

Expansion

On the first day of the week, with the rise in Asian markets, the stock market finally returned to the limelight. On Monday, Sensex and Nifty opened with gains and this trend continued till the market closed. While on the one hand the BSE Sensex crossed the 60 thousand mark, the NSE’s Nifty also crossed the level of 17900 with an increase.

Market recovered from last week’s fall

With the rise in Asian markets, the Indian stock market broke the trend of continuous decline in the last week. On the first trading day of this week, on November 1, the market appeared to bounce again after three consecutive days of decline. A rally in Asian markets supported domestic equity benchmark indices. On the other hand, buying trend in banking and IT stocks also supported the market. On the basis of all this, the 30-share Sensex of Bombay Stock Exchange closed at 60,138.46 with a gain of 831.53 points on Monday. During this, the Nifty of the National Stock Exchange also closed at 17,929.65 with a gain of 258.00 points.

Gained advantage of the rise in banking stocks

On Monday, almost all banking stocks on the Sensex saw a rise. Apart from this, the indices of all the sectors of Nifty have also closed with gains. Nifty Realty closed the most with a gain of 4.16 per cent. 26 stocks on Sensex and 46 stocks on Nifty closed with gains. Of the stocks included in the Nifty, 20 stocks gained more than two percent. IndusInd Bank closed up 7.52 percent, Hindalco 4.47 percent, Bharti Airtel 4.21 percent, HCL Tech 3.96 percent, Grasim 3.71 percent among the top gainers. On the other hand, UPL closed with a decline of 2.63 percent, Bajaj Finserv 1.61 percent, M&M 1.44 percent and Nestle India 0.44 percent.

Strong trend from the beginning

The stock market started trading on a strong note on Monday. The Sensex opened with a gain of 500 points, while the Nifty opened with a gain of 158 points. The gain further strengthened after afternoon trading. At the end of trading, the Sensex closed at 60,138.46 with a gain of 831.53 and the Nifty closed at 17,929.65 with a gain of 258 points.

last trading session

In the previous trading session on Friday, the BSE 30-share index closed 677.77 points or 1.13 per cent lower at 59,306.93. On the other hand, NSE’s Nifty fell 185.60 points or 1.04 per cent to close at 17,671.65. Last week, the stock market continued to fall for three consecutive days.

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