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The market closed on a positive note on the day of Bank Nifty Monthly Expiry. Buying was seen in midcap and smallcap stocks on Wednesday. The rupee weakened by 18 paise against the dollar and closed at 84.28. On a sectoral level, buying was seen in energy, PSE and metal stocks. Oil & Gas, Auto, FMCG index closed on a positive note. At the same time, pressure was seen in pharma, realty and IT stocks. Nifty closed at a 3-week high on the back of strong buying in HDFC Bank and Adani Group stocks.
At what level did the market close today
After a full day's work on Wednesday, the Sensex closed at 80,378, up 902 points. Nifty closed at 24,484, up 271 points. Nifty Bank closed at 52,317 with a gain of 110 points. Nifty Midcap Index closed at 57,356 with a gain of 1,240 points. Which stocks saw action today After denying the allegations of FCPA violation, strong buying was seen in Adani Group stocks. All stocks of Adani Group closed with a gain of 4% to 20% today. Buying was also seen in defense stocks today. HAL and BEL closed with a gain of 5% in two days. Ola Electric closed on upper circuit today after the launch of new scooters and powerpods as well as brokerage note. HDFC Bank closed at a record high today. This stock topped the list of the fastest stocks of the week. Vodafone Idea closed with a gain of 11% today after a positive brokerage note. Siemens closed with a gain of 3% after the release of September quarter results. Battery manufacturers Exide and Amara Raja closed with a gain of 3-5%. NALCO closed with a loss of 1% today. Kotak Institutional Equities has downgraded the rating on this stock.
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