Business Economy


Market finishes higher for sixth consecutive session; Nifty closed above 26,000 mark

New Delhi, Nov 17 (UNI) The stock market on Monday started the week on a strong note, finishing higher for the sixth consecutive session.
Nifty closed above 26,000 mark.
At close, the Sensex was up 388.17 points or 0.46% at 84,950.95, and the Nifty was up 103.40 points or 0.40% at 26,013.45.
Broader indices have outperformed the main indices with Nifty Midcap hitting fresh record high of 61,211.05, while Nifty smallcap index rose 0.52%.
The overall market capitalisation of BSE-listed firms rose to over Rs 477 lakh crore from Rs 474 lakh crore in the previous session.
Among the sectors, most indices ended with gains, with Nifty PSU Bank, Private Bank, and Auto indices rising by up to a per cent. Nifty Bank closed 0.76% higher at 58,962.70 after hitting a record high of 59,001.55 during the session.
Auto, bank, realty, capital goods, consumer durables, were also up 0.5-1%.
Out of 4,497 stocks traded on the BSE, 2,082 advanced, while 2,211 declined. Some 204 stocks remained unchanged.
Around 177 stocks hit their 52-week highs while 191 stocks hit their 52-week lows in intraday trade on the BSE.
Those on the highs were SBI, PNB, Canara Bank, Asian Paints, BPCL, Hero MotoCorp, Federal Bank, and Marico were among those hitting highs.
Nilkamal, Bata India, Cohance Lifesciences, KNR Constructions, and Westlife Foodworld were among the 52-week lows.
On Nifty, the top gainers were Eternal was up 1.93%, Tata Consumer up by 1.83%, and Max Healthcare Institute up by 1.73%. Shares of Tata Motors Passenger Vehicles (4.74%), UltraTech Cement (0.83%), and Jio Financial Services (0.78%) ended as the top losers in the index.
Major global markets in Asia and Europe were in the red largely due to profit-booking in tech stocks and the absence of fresh triggers.
UNI VK SAS BM
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