At the same time, midcap and small cap stocks performed differently. The Nifty Midcap Index was up 2.70 per cent and the Nifty Smallcap Index was up 3.39 per cent.

The stock market, which has been booming for the past few days, is setting a new record. But the gain on November 26 could not be sustained the next day. The Nifty was down 115 points during trading.

The lowest that the Nifty reached during the day was 12,914 points today. The Sensex closed at 44,149 points and the Nifty at 12,969 points.

Auto and media stocks were the main gainers on the day. IT stocks fell. The Nifty Auto Index was up 1.41 percent.

Most stocks in the Nifty declined. Out of the 50 stocks in the Nifty, 34 stocks lost while 16 stocks gained. Shares of Nestle India, Powergrid, JSW Steel, Shree Cements, HCL Tech, ONGC and Hindalco lost over 2 per cent.

The top five gainers were Tata Motors, Asian Paints, Hero Motors, Divis Lab and Bajaj Auto. Tata Motors gained 2.83 per cent.

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The stock market continued to fluctuate sharply. The morning trade started with a loss. Later, it moved towards gain but could not sustain it. The Sensex closed at 39,749 points. It was up to 40,010 points. The day’s was 39,524 points.

The Nifty had gained till 11,744 points but lost 58 points on strong volatility. The Nifty fell to 11,606 points and it had strong support at 11,600. Nifty closed at 11,670 points.

Most of the Nifty stocks lost ground. Out of the 50 stocks in the Nifty, 34 stocks lost while only 16 stocks gained. Asian Paints, Tech Mahindra, Ultratech Cement, Shree Cements and HCL Tech were the top five gainers in the Nifty. Asian Paints gained 3.02 per cent.

Banking, auto, pharma and metal stocks were under selling pressure. Only the IT sector has registered gains. L&T, Titan Industries, Adani Ports, ONGC and Axis Bank were the top five losers in the Nifty. L&T lost 4.85 per cent. Shares of Titan Industries, Adani Ports, ONGC and Axis Bank fell more than 2 per cent.

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The morning trade started with a slight gain but then moved towards a loss. But since then there has been a strong uptick in the market. The Nifty gained 175 points from a low.

The Sensex closed at 40,522 points. It was up 40,555 points. Today’s low was 39,978 points. There was strong support at 40,000 points.

The Nifty fell below 11,800 points on October 26 but rose above that level on October 27. Similarly, Nifty gained 121 points to 11,899. The Nifty closed at 11,889 points, after falling 1,723 points.

The majority of Nifty stocks traded higher. Of the 50 stocks involved in the Nifty, 32 gained while 18 lost. Kotak Mahindra Bank, Nestle India, Asian Paints, Shree Cements and Bajaj Finance were the top five gainers.

Kotak Mahindra Bank gained 11.70 per cent. During the July-September quarter, Kotak Mahindra Bank reported better-than-expected performance. This is what caused the stock price to soar. Shares of Nestle India, Asian Paints and Shree Cements gained over 5 per cent.

Bank stocks were the biggest gainers. The Nifty Bank Index was up 2.88 per cent. Kotak Mahindra Bank’s strong performance led to the rise of other bank stocks. At the same time, IT stocks lost ground.

HDFC, TCS, ONGC, Infosys and Wipro were the top five gainers in the Nifty. HDFC fell more than 2 per cent.

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The Sensex closed at 38,973 points. The day’s low was 38,819 points. It was the continuation of progress on October 1.

The Nifty rose again to 11,500 points and ended at that level. The wide-based National Stock Exchange Nifty rose to 11,578 points. Since then it has fallen to 11,452 but closed above 11,500.

The Indian market was also a reflection of the progress in the global market. IT and metal stocks led the gains on the day. The Nifty IT index was up 3.47 per cent. TCS is up 7.23 per cent. TCS will consider buying back the shares at its October 7 board meeting. The TCS board will meet on Wednesday ahead of the announcement of the July-September quarterly results. Following this news, the share price of TCS has risen by more than 7 per cent/

Most of the 50 stocks in the Nifty were gainers on the day. Thirty stocks gained while 20 stocks lost. TCS, Wipro, Tata Steel, Sun Pharma and JSW Steel were the top gainers. TCS and Wipro were up over 70 per cent.

Bajaj Finserv, Shree Cements, Bharti Airtel, Bajaj Finance and GAIL were the top five losers.

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