Market closes on new record


After the Mumbai-9 sessions, the market has set a new record level on Tuesday. The Sensex has closed very close to 39300. At the turn of the business, the BSE 30-share index Sensex climbed 369.80 points, or 0.95 per cent, to close at 39,275.64. On the other hand, NSE’s 50-share index Nifty closed at 967.80 points, which was 0.83 percent higher at 11,787.15.
Banking stocks also saw strong buying today, which led to the close of close to 1.5% of the bank nifty. Mid and small-cap shares also saw purchases. BSE’s Midcap Index closed 0.15 percent higher at close to 15520. Smallcap index was up 0.4 percent to close at 15170. Oil and gas stocks also saw good shopping. BSE’s oil and gas index closed with an increase of 0.9 percent.
Although the share of public sector banks has closed down, but private banks have seen strong purchases. Nifty’s private bank index closed with an increase of 1.7 percent. In the business, good buying was seen in auto, financial services, FMCG, metal stocks. Nifty’s Auto index closed 0.8 percent, Financial Services Index 1.02 percent, FMCG Index 0.6 percent and Metal index rose 0.3 percent.
However, in the business, Realty, PSU Bank and IT stocks have disappointed the market. The Nifty’s realty index closed 1 percent and the IT index 0.2 percent weakened. IndusInd Bank closed with 3.96 per cent and ICICI Bank surged by 3.58 per cent. ONGC, LT and Maruti were among the top gainers, while Infosys, Tata Motors and Powergrid were among the worst performers.