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	<title>HDFC Life Archives - The Gulf Indians</title>
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		<title>Stock market surges for 10th consecutive day</title>
		<link>https://thegulfindians.com/today-is-the-10th-day-of-the-stock-market-surge/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 05 Jan 2021 11:02:38 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#HDFC]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Wipro]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=20950</guid>

					<description><![CDATA[<p>Our Correspondent The stock market has reached new heights. The Nifty on January 5 witnessed the first rise of 14,200 points. This is the tenth consecutive day that the stock market has gained. IT and banking financial services stocks were the top gainers. Although the trade started with a loss in the morning, the bulls</p>
<p>The post <a href="https://thegulfindians.com/today-is-the-10th-day-of-the-stock-market-surge/">Stock market surges for 10th consecutive day</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Our Correspondent</strong></p>
<p>The stock market has reached new heights. The Nifty on January 5 witnessed the first rise of 14,200 points. This is the tenth consecutive day that the stock market has gained.</p>
<p>IT and banking financial services stocks were the top gainers. Although the trade started with a loss in the morning, the bulls used the decline as an investment opportunity.</p>
<p>The Nifty set a new record high of 14,215. Similarly, Nifty closed 66 points higher at 14,199.50. The Sensex closed at 48,437. The Sensex up 261 points.</p>
<p>The continued investment by foreign investment firms was behind the boom. The Nifty IT index is up 2.26 per cent.</p>
<p>Axis Bank, HDFC, IndusInd Bank, HDFC Life and Wipro were the top gainers. Axis Bank rose above 6 per cent.</p>
<p>The post <a href="https://thegulfindians.com/today-is-the-10th-day-of-the-stock-market-surge/">Stock market surges for 10th consecutive day</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex is above 47.00 points</title>
		<link>https://thegulfindians.com/sensex-is-above-47-00-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 28 Dec 2020 11:54:42 +0000</pubDate>
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		<category><![CDATA[Market]]></category>
		<category><![CDATA[#SBI]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=20350</guid>

					<description><![CDATA[<p>The BSE benchmark Sensex on December 28 moved above 47.00 points for the first time. The stock market gained for the fourth day in a row. The stock market is moving again to new heights. For the first time, the Nifty crossed 13,800 points. The Nifty, which opened above 13,800 in the morning, never went</p>
<p>The post <a href="https://thegulfindians.com/sensex-is-above-47-00-points/">Sensex is above 47.00 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The BSE benchmark Sensex on December 28 moved above 47.00 points for the first time. The stock market gained for the fourth day in a row. The stock market is moving again to new heights.</p>
<p>For the first time, the Nifty crossed 13,800 points. The Nifty, which opened above 13,800 in the morning, never went below 13,800 during the subsequent trade.</p>
<p>Similarly, Nifty closed at 13,873, up 13,885 points. Today it is 123 points higher. The Sensex gained 380 points to close at 47,353.</p>
<p>Shares of real estate, metal and public sector banks were the main contributors. The Nifty Real Estate Index was up 2.84 per cent and the Metal Index was up 2.70 per cent.</p>
<p>Tata Motors, JSW Steel, SBI, Titan and HDFC Life are the top five gainers today. Tata Motors shares rose 6 per cent. The reason for the rise in stock prices is the signing of an agreement between Britain and the European Union.</p>
<p>The post <a href="https://thegulfindians.com/sensex-is-above-47-00-points/">Sensex is above 47.00 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex up 431 points</title>
		<link>https://thegulfindians.com/sensex-up-431-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 26 Nov 2020 11:29:11 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[#Sree Cements]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[Grasim Industries]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[JSW Steel]]></category>
		<category><![CDATA[Maruti Suzuki]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[ONGC]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=18578</guid>

					<description><![CDATA[<p>After a one-day hiatus, the stock market is back on track. The Sensex was up 431 points and the Nifty was up 128 points. The Sensex closed above 44,000 and the Nifty closed above 12,900. The Sensex ended at 44259.74 points and the Nifty closed at 12987.00 points. The Nifty was down 225 points during</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-431-points/">Sensex up 431 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>After a one-day hiatus, the stock market is back on track. The Sensex was up 431 points and the Nifty was up 128 points. The Sensex closed above 44,000 and the Nifty closed above 12,900.</p>
<p>The Sensex ended at 44259.74 points and the Nifty closed at 12987.00 points. The Nifty was down 225 points during the day. The day’s low was 12,790 points.</p>
<p>Banks, metals and pharma stocks were the major contributors to the day’s gains. Similarly, Nifty rose by 3.85 per cent, the Nifty Pharma index by 1.43 per cent and the Nifty Bank index by 1.21 per cent.</p>
<p>The top five gainers were JSW Steel, Tata Steel, Grasim Industries, Bajaj Finance and Sree Cements. JSW Steel rose 7.02 percent. Shares of Tata Steel, Grasim Industries, Bajaj Finance and Shree Cement gained over 3 per cent each.</p>
<p>The majority of Nifty stocks traded higher today. Of the 50 stocks in the Nifty, 42 gained while 8 lost. Shares of Eicher Motors, Maruti Suzuki, BPCL, HDFC Life and ONGC lost.</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-431-points/">Sensex up 431 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty closes above 13,000 points for first time</title>
		<link>https://thegulfindians.com/nifty-closes-above-13000-points-for-first-time/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 24 Nov 2020 11:19:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
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		<category><![CDATA[gail]]></category>
		<category><![CDATA[Grasim]]></category>
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		<category><![CDATA[hindalco]]></category>
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		<category><![CDATA[Mahindra]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=18361</guid>

					<description><![CDATA[<p>The 50-share index Nifty rose above 13,000 points for the first time in history. The trade ended at this level. HDFC Bank, Adani Ports, Eicher Motors, Hindalco, Mahindra &#38; Mahindra, Kotak Mahindra Bank, Tech Mahindra, Tata Steel, Asian Paints, HDFC Life and Grasim were among the gainers. The stock market, which has been steadily rising,</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-13000-points-for-first-time/">Nifty closes above 13,000 points for first time</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The 50-share index Nifty rose above 13,000 points for the first time in history. The trade ended at this level. HDFC Bank, Adani Ports, Eicher Motors, Hindalco, Mahindra &amp; Mahindra, Kotak Mahindra Bank, Tech Mahindra, Tata Steel, Asian Paints, HDFC Life and Grasim were among the gainers.</p>
<p>The stock market, which has been steadily rising, set a new record. Banks, auto and pharma stocks were the main contributors to the stock market&#8217;s rise to new heights. The Nifty Bank Index was up 2.46 per cent, the Nifty Pharma Index was up 1.22 per cent and the Nifty Auto Index was up 1.71 per cent.</p>
<p>The Sensex closed above 44,500 and the Nifty closed above 13,000. The Nifty set a new record of 13,079. The Sensex was up by 445.87 points and the Nifty by 128.70 points.</p>
<p>The Sensex closed at 44,523.02 points and the Nifty at 13055.20 points. The Nifty traded down 200 points during the day. The day&#8217;s low was 12,978 points.</p>
<p>Adani Ports, Axis Bank, HDFC Bank, Eicher Motors and Hindalco were the top five gainers. Shares of Axis Bank, HDFC Bank, Aysher Motors and Hindalco gained over 3 per cent.</p>
<p>Most of the stocks in the Nifty gained. Out of the 50 stocks in the Nifty, 38 gained while 12 lost. Shares of Titan, HDFC, BPCL, Nestle India and GAIL lost ground.</p>
<p>The post <a href="https://thegulfindians.com/nifty-closes-above-13000-points-for-first-time/">Nifty closes above 13,000 points for first time</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market slumps after continuous surge</title>
		<link>https://thegulfindians.com/stock-market-slumps-after-continuous-surge/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 19 Nov 2020 10:17:17 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[JSW Steel]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[Power Grid]]></category>
		<category><![CDATA[Tata Steel]]></category>
		<category><![CDATA[Titan]]></category>
		<guid isPermaLink="false">https://www.thegulfindians.com/?p=18028</guid>

					<description><![CDATA[<p>Our Correspondent The stock market witnessed loses after a continuous jump. It still set a new record, but later closed with a loss due to fluctuations. The Sensex was down 623 points and the Nifty was down 180 points. The Sensex closed at 43599.02 points and the Nifty closed at 12,771.50 points. The volatility was</p>
<p>The post <a href="https://thegulfindians.com/stock-market-slumps-after-continuous-surge/">Stock market slumps after continuous surge</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Our Correspondent</strong></p>
<p>The stock market witnessed loses after a continuous jump. It still set a new record, but later closed with a loss due to fluctuations.</p>
<p>The Sensex was down 623 points and the Nifty was down 180 points. The Sensex closed at 43599.02 points and the Nifty closed at 12,771.50 points. The volatility was very strong during the trade. The Nifty traded down more than 200 points during the day. The day’s low was 12,745 points. The Nifty had gone up to 12,963 points.</p>
<p>The main losers were banking stocks, which have led the market in recent days. The Nifty Bank Index fell 3.02 percent. Banking stocks such as SBI, Axis Bank and ICICI Bank were the biggest losers.</p>
<p>Power Grid, ITC, NTPC, Tata Steel and Titan are the top five gainers in the Nifty. Powergrid rose 2.45 per cent. Shares of ITC, NTPC, Tata Steel and Titan gained over one per cent.</p>
<p>Most of the stocks in the Nifty fell. Thirty-three Nifty stocks lost while 17 gained. Shares of SBI, Axis Bank, ICICI Bank, HDFC Life and JSW Steel lost more than 3 per cent.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-slumps-after-continuous-surge/">Stock market slumps after continuous surge</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Stock market touches a new high</title>
		<link>https://thegulfindians.com/stock-market-touches-a-new-high/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 18 Nov 2020 12:28:13 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#L&T]]></category>
		<category><![CDATA[#sensex]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[Bajaj Finserv]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[Divis Lab]]></category>
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		<category><![CDATA[Eicher Motors]]></category>
		<category><![CDATA[Grasim Industries]]></category>
		<category><![CDATA[HDFC Bank]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17961</guid>

					<description><![CDATA[<p>The stock market continues to set records every day. On November 18 the market has reached new heights. The Sensex closed above 44,000 points for the first time. The Sensex was up 227 points and the Nifty 64 points. The Nifty closed above 12,900 for the first time. The Sensex closed at 44180.05 points and</p>
<p>The post <a href="https://thegulfindians.com/stock-market-touches-a-new-high/">Stock market touches a new high</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market continues to set records every day. On November 18 the market has reached new heights. The Sensex closed above 44,000 points for the first time. The Sensex was up 227 points and the Nifty 64 points. The Nifty closed above 12,900 for the first time.</p>
<p>The Sensex closed at 44180.05 points and the Nifty closed at 12938.30 points. The Nifty was down about 130 points during the day. The day’s low was 12,819 points. The Nifty had gone up to 12,948 points during the day.</p>
<p>Auto and bank stocks were the major contributors to the day’s gains. The Nifty Bank Index was up 1.95 per cent and the Nifty Auto Index was up 3.10 per cent.</p>
<p>Mahindra &amp; Mahindra, Tata Motors, Bajaj Finserv, L&amp;T and IndusInd Bank were the top five gainers. Mahindra &amp; Mahindra gained 10.65 per cent and Tata Motors gained 9.30 per cent. Shares of Bajaj Finserv, L&amp;T and IndusInd Bank gained over 6 per cent.</p>
<p>Mahindra &amp; Mahindra, Adani Ports, Eicher Motors, Hindalco, HDFC Bank, Kotak Mahindra Bank, Divis Lab, Grasim Industries, Ultratech Bank and HDFC Life were at the year’s highest during the day.</p>
<p>The majority of Nifty stocks traded higher. Of the 50 stocks in the Nifty, 26 gained while 24 lost. IT and pharma stocks fell. BPCL, Hindustan Unilever, Dr Reddy&#8217;s Laboratories, Titan and TCS were among the losers.</p>
<p>The post <a href="https://thegulfindians.com/stock-market-touches-a-new-high/">Stock market touches a new high</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nifty above 12,800 points</title>
		<link>https://thegulfindians.com/nifty-above-12800-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 17 Nov 2020 13:02:02 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#SBI]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[BPCL]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[Hero Motors]]></category>
		<category><![CDATA[IOC]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[ONGC]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=17876</guid>

					<description><![CDATA[<p>The stock market is heading for record highs again. The Sensex touched 44,000 points for the first time on November 17. The Sensex was up by 314 points and the Nifty by 93 points. The Nifty closed above 12,800 for the first time. The Sensex closed at 43952.71 points and the Nifty at 12874.20 points.</p>
<p>The post <a href="https://thegulfindians.com/nifty-above-12800-points/">Nifty above 12,800 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market is heading for record highs again. The Sensex touched 44,000 points for the first time on November 17. The Sensex was up by 314 points and the Nifty by 93 points. The Nifty closed above 12,800 for the first time.</p>
<p>The Sensex closed at 43952.71 points and the Nifty at 12874.20 points. The Nifty traded down about 150 points during the day. The day’s low was 12,797 points. Similarly, the Nifty rose by 12,934 points.</p>
<p>Metal and bank stocks were the major contributors to the day’s gains. The Nifty Bank Index was up 2.05 per cent and the Nifty Metal Index was up 2.49 per cent.</p>
<p>The top five gainers were Tata Motors, Tata Steel, HDFC Life, SBI and Adani Ports. Tata Motors rose 6.15 per cent. Shares of Tata Steel, HDFC Life and SBI gained over 5 per cent.</p>
<p>The majority of Nifty stocks traded higher. Out of the 50 stocks in the Nifty, 30 stocks gained while 20 stocks lost. Shares of BPCL, Hero Motors, NTPC, ONGC and IOC lost ground.</p>
<p>The post <a href="https://thegulfindians.com/nifty-above-12800-points/">Nifty above 12,800 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex up 287 points</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 15 Sep 2020 10:50:31 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<category><![CDATA[Market]]></category>
		<category><![CDATA[#Aurobindo Pharma]]></category>
		<category><![CDATA[#Axis Bank]]></category>
		<category><![CDATA[#Cipla]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[Asian Paints]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Bharti Airtel]]></category>
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		<category><![CDATA[Maruti Suzuki]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=13402</guid>

					<description><![CDATA[<p>The BSE benchmark Sensex and Nifty surged on September 15. The stock market was able to make up for the loss of the previous day. The Sensex was up by 287 points and the Nifty by 81 points. The Sensex closed above 39,000 points and the Nifty closed above 11,500. Volatility was as visible as</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-287-points/">Sensex up 287 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The BSE benchmark Sensex and Nifty surged on September 15. The stock market was able to make up for the loss of the previous day. The Sensex was up by 287 points and the Nifty by 81 points.</p>
<p>The Sensex closed above 39,000 points and the Nifty closed above 11,500. Volatility was as visible as in the previous days but at no point in trading did it go down from September 14’s closing level.</p>
<p>The Sensex ended at 39,044 points. The Sensex has surpassed the psychological level of 39,000. The day’s low is 38,753 points. Similarly, the Nifty closed at 11,521 points. It had fallen to 11,442 points at one point but closed above 11,500.</p>
<p>Most of the index-based stocks were profitable on the day. Thirty-one stocks in the Nifty gained while 19 lost. Pharma and bank stocks were the main gainers of the day. IndusInd Bank, UPL, Cipla, Bharti Airtel and Axis Bank are the top five gainers in the Nifty. IndusInd Bank rose 4.27 per cent. Shares of UPL, Cipla, Bharti Airtel, Axis Bank, Sun Pharma, Bajaj Finance and ICICI Bank rose more than 2 per cent.</p>
<p>The Nifty Pharma index was up 1.93 per cent. Shares of Lupin, Aurobindo Pharma, Cipla, Biocon, Torrent Pharma and Sun Pharma rose more than 20 per cent. Similarly, Nifty rose by 1.65 per cent. The major gainers were IndusInd Bank, IDFC First Bank, Axis Bank and ICICI Bank. Shares of smallcap continued to rise on the day.</p>
<p>Titan Industries, Maruti Suzuki, ITC, HDFC Life and Asian Paints were the biggest losers in the Nifty.</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-287-points/">Sensex up 287 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex up 60 points on Sept.7</title>
		<link>https://thegulfindians.com/sensex-up-60-points-on-sept-7/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 07 Sep 2020 12:05:36 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[#UPL]]></category>
		<category><![CDATA[Bajaj Finance]]></category>
		<category><![CDATA[Dr. Reddy's Laboratories]]></category>
		<category><![CDATA[gail]]></category>
		<category><![CDATA[HDFC Life]]></category>
		<category><![CDATA[Hindustan Unilever]]></category>
		<category><![CDATA[Infratel]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=12704</guid>

					<description><![CDATA[<p>The stock market ended higher on September 7 a day on which it witnessed strong volatility. The Sensex was up 60 points at 38,417. The market witnessed sharp fluctuations throughout the trading session. Similarly, the Nifty rose by 21 points to close at 11,355 points. It was up 11,381 points during trading. The Nifty was</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-60-points-on-sept-7/">Sensex up 60 points on Sept.7</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market ended higher on September 7 a day on which it witnessed strong volatility. The Sensex was up 60 points at 38,417. The market witnessed sharp fluctuations throughout the trading session.</p>
<p>Similarly, the Nifty rose by 21 points to close at 11,355 points. It was up 11,381 points during trading. The Nifty was gained after falling to 11,252 points in the morning.</p>
<p>Twenty-seven stocks in the Nifty while 23 stocks declined. Infratel, HDFC Life, Dr Reddy&#8217;s Laboratories, ITC and Hindustan Unilever were the top five gainers. Infratel was up 5.72% and HDFC Life was up 3.24%. FMCG and IT stocks too gained.</p>
<p>Mahindra &amp; Mahindra, UPL, Bajaj Finance, GAIL and NTPC were the biggest losers in the Nifty. All these stocks lost more than two per cent.</p>
<p>Earlier, the Nifty broke its resistance at 11,377 points. The market went down after breaking this level last week. On September 7, the market fell to 11,250 points. Today, 11,377 points are seen as the market&#8217;s pressure level again. The market could not rise above this level. The next support is at 11,100. The market is likely to continue to fluctuate strongly.</p>
<p>The post <a href="https://thegulfindians.com/sensex-up-60-points-on-sept-7/">Sensex up 60 points on Sept.7</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Sensex reaches above 39,000 points</title>
		<link>https://thegulfindians.com/sensex-reaches-above-39000-points/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Wed, 26 Aug 2020 11:18:14 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<category><![CDATA[#sensex]]></category>
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		<category><![CDATA[Hero Motors]]></category>
		<category><![CDATA[IndusInd Bank]]></category>
		<category><![CDATA[Kotak Mahindra Bank]]></category>
		<category><![CDATA[Maruti Suzuki]]></category>
		<category><![CDATA[NIFTY]]></category>
		<category><![CDATA[Tata Motors]]></category>
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		<guid isPermaLink="false">https://www.thegulfindians.com/?p=11944</guid>

					<description><![CDATA[<p>The stock market continued to rise. The Sensex closed above 39,000 points on August 26 and the Nifty closed above 11,500 points. The Sensex was up 230 points and the Nifty 77 points. Shares of automobiles and banks played a major role in the market surge. The Sensex ended at 39,073 points on the day.</p>
<p>The post <a href="https://thegulfindians.com/sensex-reaches-above-39000-points/">Sensex reaches above 39,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The stock market continued to rise. The Sensex closed above 39,000 points on August 26 and the Nifty closed above 11,500 points. The Sensex was up 230 points and the Nifty 77 points. Shares of automobiles and banks played a major role in the market surge.</p>
<p>The Sensex ended at 39,073 points on the day. It was up 39,111 points during trading. The day’s low was 38,765 points.</p>
<p>On August 25, the US stock market set a new all-time high. The stock market continues to jump. This was also reflected in the boom in the Indian market. Right now, global indicators are mainly driving the Indian market.</p>
<p>Similarly, the Nifty closed at 11,549 points. The stock ended the day at 11,462 points.<br />
Thirty-two Nifty stocks gained while 18 stocks lost. Tata Motors, Hero Motors, IndusInd Bank, Zee Limited and Kotak Mahindra Bank were the top five gainers in the Nifty. Tata Motors was up 8.81 per cent and Hero Motors was up 6.49 per cent. IndusInd Bank and Zee Limited gained over 5 per cent.</p>
<p>The Nifty Bank Index was up 1.39 per cent and the Nifty Auto Index was up 1.46 per cent. The move to cut GST on two-wheelers has benefited companies in the sector. This is the main reason why Hero Motors jumped.</p>
<p>Bharti Airtel, Ultratech Cements, Asian Paints, Maruti Suzuki and HDFC Life were the top five losers in the Nifty. Bharti Airtel and Ultratech Cement fell more than two per cent.</p>
<p>The post <a href="https://thegulfindians.com/sensex-reaches-above-39000-points/">Sensex reaches above 39,000 points</a> appeared first on <a href="https://thegulfindians.com">The Gulf Indians</a>.</p>
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