Stock market update: Nifty closes above 20000
After Tuesday’s fall, the Indian stock market closed with a rise after initial shocks in the trading session on Wednesday, September 13. Even today, a huge fall was seen in mid cap and small cap stocks in the day’s trade. But before the market closed, there was recovery due to buying by investors and mid cap and small index returned in the green. At the end of today’s trading, BSE Sensex closed at 67,467 points with a jump of 246 points and Nifty of National Stock Exchange closed at 20,070 points with a jump of 77 points.
Sector wise performance
There was a strong rise in banking stocks in today’s trade. Nifty Bank has closed with a jump of 400 points. Apart from this, stocks of Pharma, Metals, Media, Energy, Infra, Consumer Durables, Healthcare and Oil and Gas sectors closed sharply. Whereas a decline has been seen in auto and IT stocks. Nifty Mid Cap closed in the green but the index had fallen by 570 points during the day. The small cap index also fell. But both the indexes closed in the green.
Rupee closed with slight fall
The rupee closed at 82.98 against the US dollar with a slight decline. Earlier it had closed at the level of 82.92.
