Stock market surge continues; Nifty above 11,700 points

The stock market rose for the fourth day in a row. The Sensex was up 304 points and the Nifty up 76 points on October 7.
The Sensex closed at 39,879 points. The day’s low was 39,450 points. The Nifty rose above 11,700 points and closed at that level. During the day, the Nifty rose to 11,763 points. It has since closed at 11,738.

Auto stocks led the surge during the day.

Most of the 50 stocks in the Nifty registered gains on the day. Twenty-six stocks gained while 24 stocks lost. Titan, Bajaj Auto, Hero Motors, Maruti and Reliance were the top gainers. Titan was up 4.50 per cent.

Bajaj Finance, BPCL, Hindalco, Tata Motors and Powergrid were the top five losers in the Nifty.