Markets stage recovery after initial fall on June 21
After opening with a heavy fall in the morning, the stock market closed with gains today. The Sensex gained 230 points on the first day of the week at 52,574.46 on Monday, while the Nifty closed at 15,746.50 with a gain of 63.15 points. In the top Nifty stocks gainer today was Adani Ports was at number one with a jump of 5.13 percent. On the other hand, NTPC saw a rise of 3.96, TITAN 1.79, SBI 1.50 and BAJAJFINSV 1.35 percent.
Amid weak global cues, there has been a lot of action in the domestic stock market today. The market started with a big decline, but in the end the Sensex and Nifty closed with a strong recovery. Bank and financial stocks rose strongly from lower levels. The PSU Bank index closed more than 4 per cent stronger. However, some pressure has been seen in the auto and IT sectors. At the end of trading, the Sensex recovered more than 800 points from the lower levels and closed at 52,574, up 230 points from the previous closing. At the same time, there was a rise of 63 points in Nifty and it closed at the level of 15747. NTPC, Titan and SBI were today’s top gainers. While Maruti and TCS have been the top losers. Talking about global cues, there has been a huge decline in Asian markets today. On the other hand, major US markets also closed weak on Friday.
Top gainers, top losers
In today’s trade, there was a good rise in largecap stocks. 22 stocks of Sensex 30 have closed in the green, 8 have fallen. Top gainers include NTPC, Titan Company, SBI, HUL, IndusInd Bank, UltraTech Cement and Tata Steel. On the other hand, Maruti, TCS, Tech Mahindra, Mahindra & Mahindra, L&T and Infosys were in the red.
