The stock market started flat on the second trading day of the week. The Bombay Stock Exchange Sensex opened 1 point down at 40,592. On the other hand, the Nifty of the National Stock Exchange opened with a gain of 4 points at 11,934.65. However, the stock market reached the green mark in a short time.
After a period of ups and downs, the Indian stock market finally closed with a gain on Tuesday. At the end of the trade, the Sensex closed at 40,625 with a gain of 31.71 points. The Nifty closed at 11,934.50 with a gain of 3.55 points. Energy, IT, metal shares were bought, while auto, FMCG, bank and pharma saw selling.
The rise in these shares
About 1129 shares rose and 1459 shares declined. Prominent stocks to rise included HCL Tech, Infosys, Kotak Mahindra Bank, Reliance Industries, Ultratech Cement etc., while the leading stocks falling were Cipla, Titan Company, Divis Lab, Adani Ports, Sun Pharma etc.
Fall in rupee
On Tuesday, the beginning of the rupee against the dollar was also weak. The rupee fell 13 paise to open at 73.40 against the dollar. Earlier on Monday, it closed at 73.27. Apart from banking, all other sectors are visible in green mark.
Quite a stir in Vedanta
Vendata Limited, which has been facing a steep decline in the last one week, is seeing a rise of about 3 percent today. Before this, Vedanta was facing heavy downfall due to delisting failure. Its share price was Rs 126 on 9 October, but it reached Rs 97 on 12 October. Today its business was around 100 rupees.
There was a boom on Monday
On Monday, the first trading day of the week, the stock market closed in green. At the end of trading on Monday, the BSE Sensex gained 84.31 points to close at 40,593.80. Similarly, the Nifty gained 16.75 points to close at 11,930.95.