Stock Market Update Sensex Up 1016 Pts Nifty Close Near 17460

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Stock Market Closing: There has been a great growth in the market today. The Reserve Bank (RBI) has also not made any change in the interest rates, after which the Sensex and Nifty have seen volatility. After the day’s buying, the BSE Sensex closed at 58,649.68 with a gain of 1016.03 points or 1.76 percent. At the same time, the Nifty index closed at the level of 17,469.75 with a gain of 293.05 points or 1.71 percent.

RBI did not change interest rates
RBI released the monetary policy data today, in which there is no change in interest rates for the 9th time in a row. This time also RBI has retained the repo rate at 4 per cent. The central bank decided to keep the policy rate at a record low for the ninth time in a row, with the intention of spurring economic growth amid uncertainty over the new variant of the corona virus, Omicron.

Buying continued in the sectoral index
Talking about the sectoral index, today all the sectors have closed in the green mark. After the day’s trading, Bank Nifty, Auto, Financial Services, FMCG, IT, Media, Metal, Pharma, PSU Bank, Private Bank, Realty, Healthcare, Consumer Durable and Oil & Gas also remained buying throughout the day.

Selling in Kotak Bank
Talking about the top-30 stocks of Sensex, today only 2 stocks have closed in the red mark. Shares of Kotak Bank closed at the level of 1921 with a fall of 0.85 percent. At the same time, shares of Power Grid also closed at 204.85, down 0.49 percent.

28 stocks of Sensex rose
Apart from this, Bajaj Finance has been the top gainer when it comes to bullish stocks. Shares of Bajaj Finance closed at the level of 7360 with a gain of 3.62 percent. Apart from this, Maruti, SBI, Bajaj Finserv, Sun Pharma, Asian Paints, ICICI Bank, Bharti Airtel, Infosys, Tata Steel, ITC, HCL Tech, HDFC Bank, IndusInd Bank, Tech Mahindra, M&M, NTPC, Reliance, LT, Bajaj Auto , Axis Bank, HDFC, TCS, including Titan and HUL have also closed in the green.

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