The stock market continued to fluctuate sharply. The morning trade started with a loss. Later, it moved towards gain but could not sustain it. The Sensex closed at 39,749 points. It was up to 40,010 points. The day’s was 39,524 points.

The Nifty had gained till 11,744 points but lost 58 points on strong volatility. The Nifty fell to 11,606 points and it had strong support at 11,600. Nifty closed at 11,670 points.

Most of the Nifty stocks lost ground. Out of the 50 stocks in the Nifty, 34 stocks lost while only 16 stocks gained. Asian Paints, Tech Mahindra, Ultratech Cement, Shree Cements and HCL Tech were the top five gainers in the Nifty. Asian Paints gained 3.02 per cent.

Banking, auto, pharma and metal stocks were under selling pressure. Only the IT sector has registered gains. L&T, Titan Industries, Adani Ports, ONGC and Axis Bank were the top five losers in the Nifty. L&T lost 4.85 per cent. Shares of Titan Industries, Adani Ports, ONGC and Axis Bank fell more than 2 per cent.

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The Sensex was up 94 points and the Nifty was up 25 points. At the end of the day, the Sensex was trading above 38,000 points. The Sensex closed at 38,068 points. The Sensex had gained 38,236 points during the trading session. The stock had a low of 37,828.11 points at one point and then rebounded.

The Nifty was seen trading in the range of 11,200 to 11,300. It fell to 11,185 points and rose to 11,295 points. The Nifty closed at 11,247.

Most of the 50 stocks in the Nifty were down. Twenty-nine stocks lost while only 21 stocks gained. Grasim Industries, Tech Mahindra, Titan Industries, Nestle India and Dr. Reddy’s Lab were the top gainers. Grasim Industries, Tech Mahindra and Titan Industries gained over 2 per cent each.

BPCL, Bharti Airtel, Tata Steel, JSW Steel and IndusInd Bank were the top five gainers in the Nifty. BPCL fell 9 percent. Shares of Bharti Airtel, Tata Steel and JSW Steel lost over 3% each.

Metal stocks fell while FMCG stocks gained. The Nifty FMCG index gained 1.34 per cent. At the same time, the Nifty metal index fell by 2.14 per cent.

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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.

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.

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.

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.

Titan Industries, Maruti Suzuki, ITC, HDFC Life and Asian Paints were the biggest losers in the Nifty.

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 The Sensex closed at 38,040 points. The Sensex had gained over 38,109 points during trading. The Nifty closed at 11,214 points. It had reached 11,231 points during trading on the day.

The top five gainers were Asian Paints, Bajaj Finance, UPL, Bajaj Finserv and IndusInd Bank. Asian Paints was up 4.65 per cent on the day. Bajaj Finance gained 3.74 per cent and UPL 3.49 per cent.

Titan Industries, HCL Technologies, Infosys, Sun Pharma, Mahindra & Mahindra were the top five losers in the Nifty. Titan Industries lost 2.15 per cent and HCL Technologies lost 2.15 per cent.

Shares of private banks were the main gainers on the day. RBL Bank rose 9.27 per cent. IDFC First Bank gained 6.49 per cent and Federal Bank gained 4.48 per cent on the day.

 Some pharma stocks also gained. Alcom Labs was up 4.44 per cent and Divis Labs was up 2.46 per cent. Shares of Alcom Labs, Divis Lab, Cipla, Dr Reddy’s and Arbindo Pharma hit 52-week highs on August 7.

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