The market closed sharply


Mumbai: On the last day of the week, there was an amazing boom in the market. Sensex and Nifty closed stronger after more than 1.5 percent. Finally, BSE’s 30-share index Sensex closed at 5,803 points (ie 1.7 per cent) at 35,012 level. At the same time, the NSE’s 50-share index Nifty closed at 17,155, which is 1.7 per cent higher at 10,553 level.

Shopping in mid-caps and smallcap stocks has also been seen. BSE’s mid-cap index has climbed 0.8 percent, while the mid-cap index of the Nifty is up 0.5 percent to 0.5 percent. BSE’s smallcap index closed at 0.75 per cent higher.

Auto, metal, private bank, FMCG and oil and gas stocks have seen tremendous purchases. Bank Nifty closed above 25,700 with strong 1.5 percent. However, pressure is seen in IT, media, pharma and PSU banks. In the giants, BPCL, Maruti Suzuki, Vedanta, Tata Motors, IndusInd Bank and Adani Ports have climbed up to 6.7-4.5 per cent. However, Tech Mahindra, Wipro, Dr Reddy’s, Bajaj Finance, Cipla, TCS and Infosys were down by 4.1-0.7 per cent in the giants.

PNB Housing, Jindal Steel, Amara King Batteries, Emami and Endurance Tech have climbed 5.8-4.6 per cent in mid-cap stocks. However, in mid-cap stocks, IIFL, Torrent Pharma, L & T Infotech, Canara Bank and Amphysis have slipped down by 7-2.4 per cent. PC Jewelers, DB Realty, Liberty Shoes, Infibeam and GNFC in smallcap stocks have climbed up to 27.1-12.4 per cent.