Indian Stock Market Update: The first trading day of the week was very volatile for the Indian stock market. There was tremendous volatility in the market throughout the day. But in the afternoon, the market returned profit-booking from the upper levels and the Sensex rose by 153 points to 57,260 and the Nifty closed at 17053 with a rise of 27 points.
Earlier in the morning the market was open with a fall. But soon after, the Sensex fell by more than 700 points and the Nifty fell by more than 240 points. But as the business grew, the market recovered due to the rise in the stock of Reliance Industries. In the day’s trading session, the Sensex was trading with a gain of 519 and Nifty 134 points at one time. That is, from the low levels of the day, there was a rise of 1244 points in the Sensex and 378 in the Nifty.
In the market today, apart from small cap, mid cap stocks, auto, pharma, FMCG, energy sector stocks saw a decline, while IT, healthcare sector stocks saw an increase.
Soaring Shares Kotak Mahindra Bank rose 2.83 per cent in 2019, HCL Tech up 2.08 per cent at Rs 1133, TCS up 1 per cent at Rs 2502, Reliance Industries With a jump of 1.20 per cent at Rs 2442 and Bajaj Finserv with a jump of 1.25 per cent at Rs 16,890.
If we look at the stocks, Bajaj Auto, down 1.09 per cent at Rs 3298, ITC fell 1.12 per cent to Rs 221.50, Hero MotoCorp fell 1.53 per cent to Rs 2490.
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