The stock market had been volatile for the second day in a row on September 30. At the end of the day, the stock indexes were able to make small gains.
The Sensex was up 94 points and the Nifty was up 25 points. At the end of the day, the Sensex was trading above 38,000 points. The Sensex closed at 38,068 points. The Sensex had gained 38,236 points during the trading session. The stock had a low of 37,828.11 points at one point and then rebounded.
The Nifty was seen trading in the range of 11,200 to 11,300. It fell to 11,185 points and rose to 11,295 points. The Nifty closed at 11,247.
Most of the 50 stocks in the Nifty were down. Twenty-nine stocks lost while only 21 stocks gained. Grasim Industries, Tech Mahindra, Titan Industries, Nestle India and Dr. Reddy’s Lab were the top gainers. Grasim Industries, Tech Mahindra and Titan Industries gained over 2 per cent each.
BPCL, Bharti Airtel, Tata Steel, JSW Steel and IndusInd Bank were the top five gainers in the Nifty. BPCL fell 9 percent. Shares of Bharti Airtel, Tata Steel and JSW Steel lost over 3% each.
Metal stocks fell while FMCG stocks gained. The Nifty FMCG index gained 1.34 per cent. At the same time, the Nifty metal index fell by 2.14 per cent.
