New Delhi
Amid strong trend in American and Asian markets, Sensex closed 445 points higher and Nifty 145 points higher due to buying in big stocks like Reliance, Infosys and HDFC Bank in the domestic market on Monday. However, both the indices showed a decline during early trading.
BSE’s benchmark index Sensex based on 30 shares closed at 80,248.08 with a gain of 445.29 points or 0.56 percent. During trading it also reached a high of 80,337.82 and a low of 79,308.95. The standard index Nifty of National Stock Exchange (NSE) also rose by 144.95 points or 0.60 percent to reach 24,276.05.
Status of 30 shares of BSE Sensex
Among the companies included in the Sensex group, UltraTech Cement, JSW Steel, Adani Ports, Tech Mahindra, Titan, Maruti, Mahindra & Mahindra, Tata Steel and Reliance Industries were the biggest gainers. On the other hand, shares of NTPC, Hindustan Unilever, Kotak Mahindra Bank, IndusInd Bank and Larsen & Toubro closed with losses.
In this way, the domestic markets remained unaffected by the slowdown in GDP growth rate. According to government data announced after the end of the trading period on Friday, the economic growth rate in the July-September quarter stood at a two-year low of 5.4 percent. The slowdown in manufacturing, mining and consumption activities slowed the growth rate.
Here are the top gainers and top losers shares of Nifty
In other markets of Asia, South Korea’s Kospi declined, while Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng rose. However, most of the European markets were trading with a decline. On Friday, US markets closed in positive territory.
According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 4,383.55 crore on Friday while domestic institutional investors (DIIs) bought shares worth Rs 5,723.34 crore. Meanwhile, global oil standard Brent crude rose 0.85 percent to $ 72.45 per barrel. Earlier, on Friday, Sensex rose 759.05 points to 79,802.79 and Nifty rose 216.95 points to close at 24,131.10.