Home Banking Market close: Sensex at 61,235.30 and Nifty at 18,257.80

Market close: Sensex at 61,235.30 and Nifty at 18,257.80


(G.N.S) Dt. 13


On thursday, at close the Sensex ended at 61,235.30, with a rise of 85.26 points, while Nifty settled at 18,257.80, up 0.25%.

Tata Steel and Sun Pharma were the biggest gainers, while Wipro was the top laggard post its Q3 earnings. Smallcap and midcap stocks gained in line with benchmarks. While metal and pharma stocks outperformed, banks and realty stocks were under pressure today.

Among the top blue-chip gainers were Tata Steel, JSW Steel, Sun Pharma, Coal India, L&T, Divi’s and Cipla, ending between 2.1 percent and 6.3 percent higher.

On the other hand, Wipro, Asian Paints, HCL Tech, HDFC Bank, IndusInd Bank, Kotak Mahindra Bank and Maruti Suzuki, finishing between 1.3 percent and six percent lower, were the worst hit among the 14 laggards in the Nifty50 pack.

Infosys, Tata Steel and Larsen & Toubro were the top contributors to the gain in both headline indices.

TCS and Infosys rose around one percent each, but Wipro tumbled six percent. The Nifty IT index gave up its intraday gain of 0.7 percent to finish flat. Mindtree rose 2.7 percent, ahead of the IT company’s Q3 earnings announcement due later in the day.

Paytm shares continued to drop for yet another day, settling at a record closing low of Rs 1,028. At this level, the stock is available at a discount of 52.2 percent to its issue price.

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