new Delhi. The stock market today may not have seen that much momentum in the morning session due to the restrictions imposed in Maharashtra and Delhi due to the cases caused by the new strain of Corona virus, but the time that investors were waiting for them Got it on the last day of the year. Today the Nifty 50 crossed the 14000 mark level. The special thing is that since March, the Nifty has given nearly 50% returns to investors. However the Dow Jones and Nasdaq closed with record points. Because of which the market should have seen a good boom. But due to expiry of December series of futures and options contracts and decline in the Asian market, the market saw pressure. According to experts, investors are appearing in a holiday mood. Because of which the stock market is not seeing as fast as it should have got.
Nifty crosses 14000 points
Today, Nifty 50, the major index of the National Stock Exchange, crossed the 14006 mark with a gain of 25 points. This is the first time that the Nifty has crossed the 14 thousand mark level. On the other hand, the stock market today appears to be trading at a flat level. The Bombay Stock Exchange’s leading index, the Sensex, appears to be trading at 47787.11 points with a slight gain of 40.89 points. BSE small-cap 83.39 and BSE mid-cap are trading 36.77 points higher. While the foreign investors index CNX Midcap is trading with a gain of 50.30 points.
Good boom in pharma sector
The sectoral index is witnessing mixed reactions today. BSE Healthcare is trading the best with a gain of 182.27 points. Consumer durables are leading by 146.96 points. Capital Goods are trading with a gain of 40.71 and Oil and Gas by 4.39 points. On the other hand, BSE IT 70.98, BSE Tech 35.49, BSE Metal 48.27, BSE FMCG 37.78, BSE Auto 18.27, BSE PSU 10.57, Bank Exchange 6.64 and Bank Nifty are trading at a decline of 8.10 points.
Rising and falling shares
Talking about the first rising stocks, Housing Development Finance Corporation shares are seeing a gain of 1.63%. While ICICI Bank shares are leading by 1.30 per cent. Dr Reddy Laboratories is trading at 1.14 per cent, Tata Motors by 0.98 per cent and Reliance Industries by 0.61 per cent. On the other hand, the declining stocks are Shree Cements trading 1.67 per cent, GAIL India 1.02 per cent, NTPC 1.01 per cent, Ultra Tech Cement 1 per cent and Power Grid Corporation of India 0.87 per cent.