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In the first trading session of the week, the market closed flat after fluctuations. Selling is being seen in midcap and smallcap stocks. On the sectoral front, pressure was seen in pharma, FMCG and oil & gas stocks. IT, banking and PSE indices closed on a rise.
After the day's work, Power Grid, Trent, Infosys, HCL Technologies and Tech Mahindra were at the top of the Nifty's list of fastest stocks. At the same time, Asian Paints, Britannia Industries, Apollo Hospitals, Cipla and ONGC were at the top of the list of weak stocks.
At what level did the market close?
After a full day's work on Monday, Nifty closed at 24141.30, down 6.9 points. Nifty Bank closed at 57876.80 with a gain of 315.80 points, i.e. 0.61%. At the same time, Sensex closed at 79496.10 with a marginal gain of 9.83 points, i.e. 0.01%.
Trent, which was recently included in Nifty, closed in the green after 5 consecutive days of decline. Today this stock closed with a gain of 3%. In fact, global brokerage firm Goldman Sachs is bullish on this stock. Asian Paints closed with a sharp decline today. After the negative report of many brokerage firms, this stock was the weakest stock in Nifty today.
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