Sensex up 600 points; Nifty above 11,650

The stock market continued to surge. The Sensex was up 600 points and the Nifty was up 159 points on October 6. The Sensex closed at 39,574 points. The day’s low was 39,191 points. It was for the third consecutive day of market surge.

The Nifty rose above 11,650 points and closed at the same level. The Nifty rose to 11,680 points. It has since closed at 11,662 points.

The Indian market is also a reflection of the progress in the global market. Bank stocks led the gains on the day. Similarly, Nifty rose by 2.16 per cent.

Most of the 50 stocks in the Nifty gained on the day. Thirty-seven stocks gained while 13 stocks lost. Tata Motors, HDFC, Adani Ports, Mahindra & Mahindra and IndusInd Bank were the top gainers. Tata Motors and HDFC rose over 7 per cent.

Britannia, Coal India, Wipro, Hindalco and Tata Steel were the top five gainers in the Nifty.