Stock market update 29 July: Bull rally drives Nifty past 17000
The stock market hit a hattrick of gains on Friday. Today there was buying in all sector indices of BSE. Metal, energy and IT stocks saw strong gains. At the end of trading, the Sensex closed at 57,570.25 with a gain of 712.46 points, or 1.25 percent. While Nifty closed at 17,158.25 with a strength of 228.65 points or 1.35 percent.
Top loser and gainer
SBI Life Insurance, Tata Steel, Sun Pharma, HDFC Life and Hindalco Industries were the top gainers in Friday’s trade. While Dr Reddy’s Labs, Kotak Mahindra Bank, SBI, Divis Labs and Axis Bank were the top losers on Nifty.
The market cosed in the green mark on Thursday
In the previous session i.e. on Thursday, the 30-share BSE Sensex closed at 56,857.79 points with a gain of 1,041.47 points, or 1.87 per cent. The Nifty of the National Stock Exchange also closed at 16,929.60, up 287.80 points, or 1.73 per cent.
