Share Market Closing on 1 September: The domestic stock market made a good start to the month of September today on Friday. On the first day of the new month, both the major domestic indices BSE Sensex and NSE Nifty registered a gain of about 1 per cent each. Stocks of large companies performed particularly well. After the end of trading, Sensex reached close to 65,400 points, while Nifty managed to cross 19,430 points.
Closing level of Sensex-Nifty
Domestic shares on the last day of the week. The market started the trading with gains. Compared to the closing level of 64,831.41 points a day earlier, the Sensex opened at 64,855.51 points. During trading, it went up to a high of 65,473.27 points at one point. After the end of Friday’s trading, the BSE’s 30-share sensitive index Sensex gained 555.75 points to close at 65,387.16 points. At the same time, Nifty strengthened by 181.50 points or 0.94 percent and closed at 19,435.30 points.
Rise in shares of big companies
Shares of most of the big companies remained in rise in today’s trading. Except for only 4 out of 30 Sensex, the shares of 26 companies remained strong. Only L&T, Nestle India, Sun Pharma and UltraTech Cement were the losers after the close of trading. On the other hand, NTPC’s share strengthened the most by about 5 percent.
Metal stocks remained at the forefront
There was a great rise in metal stocks in today’s trading. Shares of both JSW Steel and Tata Steel were up by more than 3 percent each. The upward trend in shares of Maruti Suzuki continued. The share price of the largest passenger company had crossed Rs 10 thousand for the first time yesterday. Banking and IT shares also performed well today.
There were more fluctuations in these shares
BHEL shares jumped the most in today’s trading by about 15 percent. Shares of DCM Shriram Limited, Vodafone Idea and JM Financial rose by more than 10 percent each. On the other hand, Five Star Business Finance Limited suffered the maximum loss of about 5 percent. Shares that suffered the most losses included names like GE T&D India, Future Lifestyle Fashions and HDFC Asset Management Company.
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