(Milcah Anila, Intern Journalist) Vijayawada: Domestic stock markets, which started weak on the back of foreign adversity, finally ended with significant gains. The Sensex gained 113 points to close at 40,544. The Nifty strengthened by 24 points and settled at 11,897.
Thereby standing with gains for the third day in a row. The Sensex fluctuated between 40,732-40,306 points intraday. The Nifty traded between 11,949 and 11,837 points. Experts said that as markets have rallied over the past two days, traders have turned to profit-taking. It is explained that the tides were recorded.
Realty jumped 4 percent, mainly on IT NSE. IT, media, and auto gained between 2-0.35 percent. However, PSU banks, FMCG, and metal lost 1.5-0.2 percent. Among the Nifty giants, HCL Tech, Tech Mahindra, Asian Paints, Airtel, HDFC Bank, L&T, JSW Steel, Wipro, TCS, Ultratech, and Infosys rose 4.3-1 percent. However, Britannia fell 6 percent. ONGC, GAIL, IOC, UPL, Power Grid, Hindalco, NTPC, RIL, Coal India, Tata Steel, and ICICI fell between 2.5-0.8 percent.
The idea jumped 10 percent at F&V counters. MindTree, Zee, Infratel, PVR, Vedanta, Bharat Forge, and Motherson jumped 6-2 percent. On the other hand, BBOB, PNB, HPCL, Bata, Bandhan Bank, and Cummins declined by 3.6-1.2 percent. Among realty counters, Oberoi hit the upper circuit by 20 percent, while Brigade, Godrej Properties, Shobha, DLF, and Suntech jumped 7-1 percent.
Mid- and small-cap stocks gained 0.5-0.3 percent on the BSE. Of the traded shares, 1,373 gained while 1,313 lost. Foreign Portfolio Investors (FPIs) traded higher at Rs. 1,657 crore while domestic funds (DIIs) invested Rs. 1,622 crore is worth of sales. On Friday, FPIs rose to Rs. 480 crore worth of stocks sold .. DIIs also learned that Rs 430 crore investment has been withdrawn.
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