Indian equities fell for the third day in a row on volatility in global markets. Uncertainty ahead of the US presidential election has caused the market to continue to decline. The Sensex was down 135 points and the Nifty was down 28 points.

The stock market continued to fluctuate sharply on October 30. The morning trade started with gains. The Nifty moved higher by 80 points but could not sustain it. The Nifty rose by 11,749 points, but lost 28 points as the trading session ended. The Nifty traded down by 200 points. The Nifty, which had crashed to 11,535 points, had strong support at 11,550 points. The Nifty closed at 11,642 points.

The Sensex closed at 39,614 points. It had risen to 39,988 points in the morning. The day’s low was 39,242 points.

Despite the fall in the stock index, most of the stocks in the Nifty registered gains. Out of the 50 stocks in the Nifty, 27 stocks gained while 23 stocks lost ground. Adani Ports, BPCL, Coal India, NTPC and Sun Pharma are the top five gainers in the Nifty. Adani Ports gained 4.46 per cent. Shares of BPCL, Coal India, NTPC and Sun Pharma rose more than 2 per cent.

Metal stocks gained while auto stocks came under selling pressure. Bharti Airtel, Hero Motors, Maruti Suzuki, Aysher Motors and Bajaj Finance were the top five losers in the Nifty. Bharti Airtel lost 4 per cent. Shares of Hero Motors, Maruti Suzuki, Eicher Motors and Bajaj Finance fell more than 2 per cent.

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The Sensex closed at 40,182 points. The day’s low was 40,062 points. It had surged to 40,468.88 points during trading. The Nifty rose above 11,800 points and closed at that level. The Nifty rose to 11,905 points during trading. It has since closed at 11,834. IT stocks led the surge on the day.

Most of the 50 stocks in the Nifty were gainers on the day. Twenty-eight stocks gained while 22 stocks lost. Wipro, Cipla, TCS, Ultratech Cement and Infosys were the top gainers. Wipro rose 7.34 per cent.

Gail, ONGC, ITC, Aysher Motors and L&T were the top five losers in the Nifty.

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