Stock Market Today: The stock market witnessed tremendous excitement on Friday. The enthusiasm of investors and the boom in the market made this day special. Both Sensex and Nifty registered significant gains, giving investors good profits.
Today’s stock market situation
On Friday, the Sensex closed with a gain of 1330.96 points at 80,436.84. At the same time, Nifty also closed with a gain of 397.40 points at 24,541.15 points. With this rise, the market cap of BSE increased to Rs 451.55 lakh crore, giving investors a profit of Rs 7.26 lakh crore in a single day.
Rise and fall in the stock market
There was a tremendous rise in the stock market today. Both Sensex and Nifty took a bullish trend from the beginning of the day. There was a special boom in the auto and IT sectors, which also led to a big increase in the total market cap. Although some stocks also saw a slight decline, the overall market sentiment remained positive.
Today’s key stocks
Wipro and Tech Mahindra were the top gainers on Friday. Wipro’s stock rose 4.30% while Tech Mahindra’s stock went up 4.02%. Other key stocks that registered good gains included Grasim Industries, Mahindra & Mahindra, Tata Motors, and Shriram Finance.
Sectoral performance
Power company stocks also performed well. Stocks like Voltamp Transformers, Hitachi Energy India, and Inox Wind Energy rose significantly. Apart from this, the auto and IT sectors also remained bullish.
Top gainers and top losers
Top gainers included Wipro (4.30%), Tech Mahindra (4.02%), and Grasim Industries (3.51%). Among the top losers, the rise in power company stocks played a major role, such as Voltamp Transformers (6.82%) and Hitachi Energy (6.37%).
What is the situation of the global market
Although Friday’s data and the impact of global markets looked particularly positive, it is still important to keep an eye on the global market situation. The direction of major global markets and the impact of US economic data may also affect the Indian market in the coming days.
Disclaimer: This information is provided for informational purposes only. Always seek expert advice before investing. 1tak.com does not advise anyone to invest money because investment in the market is subject to risks.