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The stock market closed at record points due to the oil and capital goods sector


The stock market closed at record points due to the oil and capital goods sector 1

new Delhi. There was a good rally in the stock market today. However, due to the slightly worse figures of wholesale inflation, the market fell from the upper level, but not as much as slipping below the record mark. Capital goods have been the biggest contributor to this. Whereas the oil sector and banking sector have also seen great boom. On the other hand, the auto sector has seen a big decline today. On the other hand, ONGC and L&T shares have seen a gain of about 5%.

Also read: Wholesale inflation reaches 9-month high; Food items soften

Stock market boom
Today the stock market has closed sharply. The Bombay Stock Exchange’s flagship index Sensex has gained 154 points to close at 46253 points. While the Nifty 50, the major index of the National Stock Exchange, has ended with a gain of 44.30 points at 13558 points. BSE Small Cap 130.64, BSE Mid-Cap 137.57 and Foreign Investors Index CNX Midcap closed up 134.10 points.

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Boom in all except auto sector
Today, the stock market witnessed all the upsides except the auto sector. BSE Auto closed down 197.71 points. While the capital goods sector witnessed the highest gain of 373.36 points. The oil and gas sector closed with a gain of 283.06 points. Bank exchanges closed up 215.01 and the Bank Nifty gained 141.05 points. Consumer durables 155.33, BSE FMCG 27.16, BSE Healthcare 116.25, BSE IT 42.97, BSE Metal 128.89, BSE PSU 123.71 and BSE Tech gained 21.99 points.

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Rising and falling shares
First of all, on the edge stocks, ONGC shares saw a gain of 4.86 percent. While L&T shares closed up 4.63 per cent, Cipla 4.43 per cent, Coal India 3.69 per cent and Indian Oil Corporation 2.50 per cent. On the other hand, shares of Eicher Motors closed down 2.52 per cent, Hero Motors 2.24 per cent, M&M 2.03 per cent, HDFC Life Insurance 1.38 per cent and Tech Mahindra by 1.20 per cent.

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