The stock market closed in the green on Monday. The Nifty closed at 24,967.75 points, up by about 0.39%, and the Sensex closed at 81,635.91 points, up by 0.40%. Buying was seen in the IT, Realty, Metal, and Pharma sectors, while PSU Banks, Energy, and PSE shares were under pressure. Out of 3,110 shares on the NSE, 1,414 closed with gains and 1,614 closed with losses.
Stock Market Closing: On the first day of the trading week, Monday, the stock market closed in the green. The Sensex closed at 81,635.91 points, and the Nifty closed at 24,967.75 points. There was b buying in the IT sector, due to which the Nifty IT index closed with a gain of 2.4%. Meanwhile, the Midcap and Smallcap indices remained flat. Pressure was seen on PSU Bank, Energy, and PSE shares. Out of a total of 3,110 shares, 1,414 shares on the NSE closed with gains and 1,614 shares closed with losses.
Sensex and Nifty Close with Gains
The Sensex closed today at 81,635.91, reflecting a gain of 329.06 points compared to the previous close. The Nifty, on the other hand, closed at 24,967.75, which is equivalent to a gain of 97.65 points. The main contribution to this gain came from IT sector stocks. Shares of IT companies remained in buying mode throughout the day, and the Nifty IT index closed with a gain of 2.4 percent.
There was no significant change in the Midcap and Smallcap indices. Despite the broader market closing flat, investors showed good interest in IT and Realty shares.
Top Gainers and Losers
The top gainers in the market today included ITC, TCS, Infosys, HCL Tech, and Wipro. The major losers were SBI, ONGC, BPCL, and NTPC.
Sectoral Highlights
In today's trading session, IT sector stocks attracted investors. Continuous buying was seen in major IT stocks such as TCS, Infosys, and HCL Tech.
The Realty sector also saw a rise, with shares of DLF and Oberoi Realty successfully making gains. Positive trends were also observed in the Metal and Pharma sectors.
Meanwhile, PSU Bank and Energy sector shares remained under pressure. The effect of the decline was also visible in PSE shares. Investors were buying and selling cautiously in these sector shares.
Total Trading on NSE
A total of 3,110 shares were traded on the NSE today. Of these, 1,414 shares closed with gains, while 1,614 shares closed with losses. In addition, no change was observed in the rates of 82 shares. This figure indicates that investors are buying and selling cautiously in the market.
Glimpse of the Day's Trading
A slight gain was seen in the market throughout the day in the initial hours. Investors built momentum in IT and Metal shares in the morning session. Buying also continued in Realty and Pharma shares in the afternoon.
Looking at the sentiment in the market, it can be said that investors are investing with a positive outlook in the technology and realty sectors. Meanwhile, a cautious atmosphere prevailed in the banking and energy sectors.
