Discover the latest surge in the Sensex with a gain of 105 points at the Stock Market Today! Dive into the details of today’s market rally and what it means for investors.
Positive Momentum and Sector Performance
The benchmark indices of the Indian Stock Market today closed the trading session on March 18 with a positive tone, managing to recover some of the losses from the previous session. The Nifty was at around 22,050 points getting support from buying activities across various sectors and the Sensex touched 72,750.
Despite a negative start, the market maintained an upside movement during the first half of the trading session. Some selling pressure was witnessed in the mid-session, however, the market saw a comeback in the second half, completely wiping out the earlier losses and closing with moderate gains.
By the end of the trading session, the Sensex gained 104.99 points or 0.14 percent, closing at 72,748.42. Similarly, the Nifty was up by 32.40 points or 0.15 percent, settling at 22,055.70.
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Top Gainers and Losers at Stock Market Today
Notable gainers on the Nifty at Stock Market today included Tata Steel, M&M, JSW Steel, Tata Motors, and Apollo Hospitals. On the other hand, Tata Consumer Products, UPL, Infosys, Adani Ports, and Titan Company were among the losers.
Several sectors showed positive movement, with capital goods, healthcare, auto, realty, metal, and media witnessing gains ranging from 0.5 to 3 percent. On the other hand, the IT and FMCG sectors experienced marginal declines of 0.5 to 1.5 percent. The BSE Midcap and Smallcap indices closed flat.
52-Week High Stocks
Several stocks touched their 52-week high on the BSE, including Bharti Airtel, Cigniti Technologies, Colgate Palmolive, Force Motors, Hercules Hoists, Linde India, Oracle Financial Services, Reliance Infra, SMS Pharma, Solar Industries, and TCS.
Despite a dwindling start, the market showed resilience and ended the trading session on a positive note. The day witnessed a mix of sectoral performances, with some sectors displaying notable gains while others experienced marginal declines. Investors remain cautious yet optimistic about market movements in the days to come.
Bhaarat Bulletin’s Shikha Rai, Bimal Dev, and BSE/NSE have contributed to the above report
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