Although it failed to close above 14,000 points on the last day of 2020, the market surpassed that target on the first day of the New Year. It has become a daily sight that the market is moving to new heights.

On the New Year day, public sector bank stocks were the main gainers. The Nifty PSU Bank Index was up 3.25 per cent. IT and auto stocks also rose. Foreign investment firms continue to invest behind the boom.

Adani Ports, TCS, ITC, Mahindra & Mahindra and SBI are the top gainers in the Nifty. Adani Ports rose more than 4 per cent. Most of the Nifty stocks gained. 35 shares rose while 15 shares fell. The biggest losers were Nifty stocks ICICI Bank and SBI Life.

In December, various automakers posted better-than-expected sales. This led to a rise in the price of automobile stocks.

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Nifty fell to 11,822 points on October 14 morning, but later rose more than 150 points. It closed at 11,964 points. The Nifty was able to stay above 1,950 points. The stock had gained 11,997 points during the trading session.

The Sensex closed at 40,794 points. The Sensex fell to 40,279.5 points. It was up 40,880 points during the day.

Bank and financial services stocks were the top gainers of the day. Shares of private banks, NBFCs and life insurance companies gained. At the same time, IT stocks, which had been gaining in the past few days, have shown a weak performance on the day.

The majority of Nifty stocks traded higher on the day. Out of the 50 stocks in the Nifty, 26 stocks gained while 24 stocks lost. Bajaj Finserv, SBI Life, Bajaj Finance, IndusInd Bank and ICICI Bank were the top gainers. Bajaj Finserv rose 4.10 per cent. Shares of SBI Life, Bajaj Finance, IndusInd Bank and ICICI Bank gained over 2 per cent each.

Wipro, NTPC, ONGC, Coal India and Tata Motors were the top five losers in the Nifty. Wipro fell 7.06 per cent. Wipro’s quarterly results announced on Oct 13 fell short of market expectations. Shares of NTPC, ONGC, Coal India and Tata Motors fell more than 2 per cent.

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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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The Sensex ended at 37,388 points. It had dropped to 36,730.52 points in the morning session but gained since then. The Nifty was back up above 11,000 points. Similarly, the Nifty closed at 11,050 points. The Nifty fell to 10,854 points in the morning session and advanced 200 points.

Most of the 50 stocks in the Nifty gained on the day. Forty-seven stocks gained while three stocks lost. Bajaj Finserv, HCL Tech, Cipla, Bharti Airtel and L&T were the top gainers on the day. Bajaj Finserv gained 6.60 per cent. Shares of HCL Tech, Cipla, Bharti Airtel, L&T, IndusInd Bank, Grasim Industries and Adani Ports gained over 4 per cent.

SBI Life, BPCL and UPL were the only three Nifty stocks to lose ground. Zee Ltd lost 6.60 per cent.

Auto and IT stocks were the top gainers on the day. The Nifty Auto Index gained 3.38 per cent and the Nifty IT Index gained 3.46 per cent. Bank, FMCG and pharma stocks also gained.

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