The stock market was bullish today, i.e. Wednesday, 14 May, the third trading day of the week. The Sensex closed at 81,331, up 182 points. Nifty also rose by 89 points. It closed at 24,667. Out of 30 Sensex stocks, 21 closed higher. Tata Steel stock closed up 3.95%, Tech Mahindra 2.26% and Zomato 2.20%. A total of 6 stocks, including Maruti and Infosys, rose up to 2%. Whereas, Tata Motors, Asian Paints and Kotak Bank fell up to 1.7%. Out of 50 Nifty stocks, 39 were bullish. The highest gains were in the metal sector at 2.46%, realty at 1.70%, IT at 1.34%, media at 1.27%, oil and gas at 1.22% and auto at 0.82%.
Global market boom Foreign investors bought shares worth Rs 4,274 crore on May 13 The market had fallen by 1282 points on Tuesday There was a big fall in the stock market on the second day of the week i.e. Tuesday, May 13. The Sensex closed down by about 1282 points (1.55%) at 81,148. Nifty also fell by 346 points (1.39%), it closed at 24,578. Out of 30 Sensex stocks, 25 declined. Shares of Infosys, Power Grid and Zomato closed down by about 3.6%. A total of 5 stocks including HCL Tech and TCS rose by about 3%. At the same time, Sun Pharma, Adani Ports, Bajaj Finance, SBI and Tech Mahindra rose marginally. Out of 50 Nifty stocks, 35 declined. NSE’s IT index saw the biggest decline of 2.42%. Auto, realty, metal and FMCG indices fell by 1 per cent. At the same time, media, banking and healthcare sectors saw a rise of 1.5%.
Stock market fell due to profit booking. Market experts believe that the market witnessed a rise on Monday due to reduction in geopolitical tensions and sovereign credit upgrade. However, today investors are taking profits. Due to this, intraday fluctuations are being seen.
