The decline in the global market was also reflected in the Indian market. The US market has been in a slump for the past day as the US has not made a decision on whether to introduce a new stimulus plan.

Shares of FMCG and metal gained while most other sectors declined. The Nifty FMCG index was up 2.81 per cent. Bank and auto stocks fell. At the same time, the market was seen recovering from low levels in the last hours.

The Nifty and the Sensex have been gaining for the last seven days. The stock market is moving to new record highs every day. It came to an end today.

Nifty has strong resistance at 11,600. Profits are likely to appear at this level and there is support at 13,000 points.

Most of the Nifty stocks lost ground. Out of the 50 stocks in the Nifty, 20 gained while 30 lost. Nestle India, ITC, Britannia, Hindustan Unilever and Adani Ports are the top five gainers in the Nifty today. Shares of Nestle India, ITC, Britannia and Hindustan Unilever gained over 3 per cent.

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The stock market gained for the third day in a row. The three-day gains almost offset the losses of last Thursday’s sharp fall. The market started with a loss and then moved on to a gain. At the same time the market was volatile.

The Sensex was up 112 points on October 20 and the Nifty was up 23 points. The Sensex closed at 40,544 points. It had earlier climbed to 40,732.01 points. Similarly, Nifty closed at 11,896 points, up 11,949 points.

IT stocks were the main gainers on the day. The Nifty IT index was up 1.41 per cent. Shares of Mind Tree and HCL Tech gained over 4 per cent.

At the same time, public sector bank shares came under selling pressure. The Nifty Public Sector Bank Index lost 1.43 per cent.

The majority of Nifty stocks traded higher on the day. Out of the 50 stocks in the Nifty, 27 stocks gained while 23 stocks lost ground. HCL Tech, Tech Mahindra, Asian Paints, HDFC Bank and Bharti Airtel were the top five gainers. HCL Tech gained 4.27 per cent. Tech Mahindra and Asian Paints gained over 2 per cent each.

Britannia, ONGC, GAIL, IOC and UPL were the top five losers in the Nifty. These stocks lost over 2 per cent.

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The Nifty rose above 11,650 points and closed at the same level. The Nifty rose to 11,680 points. It has since closed at 11,662 points.

The Indian market is also a reflection of the progress in the global market. Bank stocks led the gains on the day. Similarly, Nifty rose by 2.16 per cent.

Most of the 50 stocks in the Nifty gained on the day. Thirty-seven stocks gained while 13 stocks lost. Tata Motors, HDFC, Adani Ports, Mahindra & Mahindra and IndusInd Bank were the top gainers. Tata Motors and HDFC rose over 7 per cent.

Britannia, Coal India, Wipro, Hindalco and Tata Steel were the top five gainers in the Nifty.

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The Nifty rose again to 11,600 points after August 28, indicating that the market trend is technically strong. The Nifty has not been able to break through the 11,600 resistance level in the last two weeks.

At no point in the trade did the market go down significantly from last day’s closing level. Unlike in the past, the market was less volatile.

The Sensex closed at 39,302 points. The day’s low is 39,037.96 points. Similarly, the Nifty closed at 11,604 points. It was down at one point to 11,516 points but ended at 11,618.

Most of the 50 stocks in the Nifty gained. While 29 stocks in the Nifty gained 19 stocks lost. The share price remained unchanged for two. Dr. Reddy’s Laboratories, Mahindra & Mahindra, Hindalco, Bajaj Auto and Britannia were the top five gainers in the Nifty. Dr. Reddy’s Laboratories was up 4.44 per cent and Mahindra & Mahindra was up 4.09 per cent. Shares of Hindalco, Bajaj Auto and Britannia rose more than 300 per cent.

Pharma and automobile stocks were the main gainers on the day. The Nifty Pharma Index gained 2.08 per cent. Shares of Dr. Reddy’s, Cadila Healthcare, Sun Pharma and Lupin Pharma rose more than 2 per cent.

The Nifty Auto Index was up 1.53 per cent. Automobile stocks Mahindra & Mahindra gained 4.09 per cent and Bajaj Auto 4.02 per cent.

IndusInd Bank, NTPC, Infratel, SBI and Axis Bank were the biggest losers in the Nifty. IndusInd Bank fell 2 per cent.

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The Nifty closed at 11,150 points. The Nifty, which had surged 140 points, ended trading at 11,162 points. Nifty had climbed till 11,179.55 points during trading.

Energy stocks aided the surge in the market on the day. Three of the five stocks that registered gains were energy stocks. Powergrid, IOC and BPCL registered gains of more than 5%. The Nifty Energy Index rose 3.5% on the day.

Powergrid, IOC, BPCL Eicher Motors and HDFC were the five shares that registered gains on the day. Powergrid rose 6.42%.

Even IT stocks surged on July 21. HCL Tech and Wipro registered their highest price on the day. Reliance Industries, which had faced losses after the AGM last week, on July 21 returned to the path of gain. Reliance registered 2.79% gain. Thirty-two of the 51 of the Nifty shares gained at the markets on the day.

Bank shares too made good gains. The share of ICICI Bank climbed 4.34%. Nifty Banking Index registered 2% gain on the day. Bajaj Finance, Bajaj Finserv, Britannia, Asian Paints and Infratel were the Nifty stocks that registered much losses on the day. Bajaj Finance faced 4% loss.

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With 399-point gain, Nifty closed at 37, 418 points. It had touched 37,478 points during trading.

IT shares led the bulls in the market on the day. Three out of the five shares that made the highest gain on July 20 were from the IT sector. The shares of Infosys, HCL Tech, Tech Mahindra and Wipro registered gains of over 4%. The Nifty IT index gained over 2.60%.

Bank shares too made huge gains on the day. The Q1 results of HDFC Bank were declared the other day. In response to the exemplary performance, the share value of HDFC Bank had climbed 5% on July 20 morning.

Britannia, Infosys, HCL Tech, Tech Mahindra and Bajaj Finance were the five shares that made most gains in the market on July 20. Britannia rose 5.12%. Britannia and HCL Tech registered the highest price for the past 52 weeks.

Thirty-one of the Nifty 51 Index registered gains on the day. At the same time pharma shares registered losses on the day. Sun Pharma and Cipla were the shares that saw the highest losses on the day.

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Sensex rose 548 points on the day. The Sensex, which ended trading at 37,020 points had gained 37,125 points during trading

The shares of prominent pharma company Cipla and FMCG giant Britannia registered the highest prices in the last 52 weeks. Forty-two of the Nifty 50 Index registered gains on the day.
Energy shares led the bulls in the market surge,

The shares of the key energy company BPCL rose 12.43%. The shares of Hindustan Petroleum, Tata Power and ONGC rose above 5%.

Relieance Industries too aided the surge in the market on July 17. The shares of Reliance Industries rose 3.94%.
BPCL, ONGC, GAIL, Infratel and Reliance Industries are the Nifty shares that registered high gains

The shares of Hindalco, Britannia, Nestle India, TCS and Dr. Reddy’s faced losses on the day.

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