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News Topical, Digital Desk : Due to good global signals and positive triggers, the domestic stock market closed on a positive note for the fifth consecutive day on Wednesday. Nifty and Sensex once again managed to close in the green. Buying was seen in midcap and smallcap stocks. On the sectoral front, buying was seen in IT, FMCG and realty stocks. Metal, infra and energy indices closed on a positive note. Pressure was seen on pharma, banking and oil & gas stocks.
This happened for the first time in the last 2 months, when the market saw a rise for 5 consecutive sessions. On Wednesday, instead of weakness in 2 stocks, 3 saw a rise. For the first time after 24 July, Nifty closed above 25,000.
At what level did the market close After a full day's work on Wednesday, the Sensex closed at 81,858, up 213 points. Nifty closed at 25,051, up 70 points. The Nifty Midcap Index closed at 57,931, up 266 points. On the other hand, Nifty Bank closed at 55,699, down 167 points
Which stocks saw action throughout the day Fresh buying was seen in IT and FMCG. Infosys, TCS, HUL and Nestle were the fastest stocks. After a positive brokerage note, the rise in Eterntal continued. This stock closed at a record level today. Pressure was seen in defense and NBFCs. BEL and Bajaj Finance were the weakest stocks here. Aurobindo Pharma closed down by about 4% after the news of Zentiva acquisition. Today, the trading volume of Ola Electrice managed to cross Rs 100 crore. This stock closed at an upper circuit of 20% today. Profit booking was seen in gold financing companies. Muthoot Finance closed down by 2%. Hotel stocks rose in anticipation of increasing demand. Indian Hotels closed with a gain of 4%. In smallcaps, Sky Gold, Carborandum Universal were the fastest stocks and closed with a gain of 14-15%. Vedanta closed after recovering from lower levels amid news related to demerger. Pressure was seen in stocks related to online gaming. Nazara Technologies closed down by about 12%. PG Electroplast jumped by 7%, but at the end of the session it closed with a slight decline.
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