FMCG-consumer durables stocks filled the market!!!
After a whole day of upheaval, the indian stock market closed with gains in Wednesday's trading session. FMCG, consumer durables and pharma sector stocks have contributed significantly to this rise in the indian markets. Buying was also seen in midcap stocks. At the end of today's trading, the BSE Sensex closed with a jump of 102 points at 80,905 and the National Stock Exchange's Nifty closed with a gain of 71 points at 24,770 points.
Rising and falling stocks
In today's trading, out of the 30 stocks of Sensex, 17 stocks closed with gains and 13 with losses. Whereas, out of the 50 stocks of Nifty, 36 stocks closed with gains and 14 with losses. Among the rising stocks, Titan closed with a gain of 2.36 percent, Asian Paints 1.55 percent, Hindustan Unilever 1.47 percent, ITC 1.26 percent, Nestle 1.18 percent, Bharti airtel 1.08 percent, JSW Steel 1.04 percent, Bajaj Finserv 0.98 percent, Axis bank 0.69 percent, adani Ports 0.68 percent, tcs 0.64 percent. While among the falling stocks, UltraTech Cement closed with a loss of 1.51 percent, Tata Steel 1.30 percent, Tech mahindra 1.21 percent, Power Grid 0.91 percent, HDFC Bank closed with a loss of 0.74 percent.
Rise in investors' wealth
Due to the rise in the indian stock market, there has been a strong rise in the wealth of investors. The market cap of the stocks listed on BSE closed at Rs 459.27 lakh crore, which was Rs 456.86 lakh crore in the last session. That is, in today's session, the wealth of investors has increased by Rs 2.41 lakh crore.
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