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Market surges again; Nifty above 11,900 on Oct. 9

The Nifty rose above 11,900 points October 9. The market rallied above August highs. The stock market advanced for the sixth day in a row. The Sensex was up 326 points and the Nifty was up 79 points on the day.

The Sensex closed at 40,509 points on October 9. The day’s low was 40,066 points. It was up 40,585 points during trading. The Nifty rose above 11,900 points and closed at the same level. The Nifty rose to 11,938 points during trading. It has since closed at 11,914.

Bank stocks led the gains on the day. Out of the 50 stocks in the Nifty, 24 stocks gained while 26 stocks lost. Wipro, ICICI Bank, Axis Bank, SBI and HDFC Bank were the top gainers on the day. Wipro rose 4.40 per cent. ICICI Bank, Axis Bank, SBI and HDFC Bank gained over 3 per cent each Wipro, ICICI Bank, Axis Bank, SBI and HDFC Bank.
Grasim, Hindalco, UPL, Sun Pharma and SBI Life were the top five losers in the Nifty.

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