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Sensex closes above 40,000 points

The Sensex rose above 40,000 points. The stock market advanced for the fifth day in a row. The Sensex was up 303 points and the Nifty was up 95 points on October 8.

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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