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Sensex closed at 83,079, up 90 points: Nifty also gained 34 points, auto and IT stocks gained; Hero MotoCorp rose 3%

The stock market has seen a rise today i.e. on 17 September. The Sensex closed at 83,079 with a gain of 90 points. Nifty also saw a gain of 34 points. It closed at 25,418.

Today, auto, IT and FMCG stocks saw a rise. Metal and banking stocks declined. Hero MotoCorp was the top gainer on Nifty today. Earlier, yesterday, i.e. on September 16, the market had made an all-time high.

PN Gadgil Jewelers shares listed up 73% PN Gadgil Jewelers Limited shares were listed on the Bombay Stock Exchange (BSE) at ₹ 834, up 73.75% from the issue price. On the National Stock Exchange (NSE), the shares were listed at ₹ 830, up 72.91% from the issue price. The issue price of this initial public offering was ₹ 480.

Mixed trading in Asian markets today

  • Mixed trading was seen in the Asian market today. Japan's Nikkei index fell by 1.03% and Shanghai Composite by 0.48%. Hong Kong's Hang Seng rose by 1.37%.
  • On September 16, the Dow Jones of the US market rose 0.55% and closed at 41,622. Whereas the Nasdaq fell 0.52% and closed at 17,592. The S&P500 closed at 5,633 with a gain of 0.13%.
  • According to NSE data, foreign investors (FIIs) sold shares worth Rs 10,252.08 crore on September 16. During this period, domestic investors (DIIs) also bought shares worth Rs 10,025.07 crore.

Today is the second day of IPO of 2 companies Today is the second day of 2 Initial Public Offers i.e. IPOs. These include Arcade Developers Limited and Northern Arc Capital Limited. Investors will be able to bid for both IPOs till September 19. The shares of these two companies will be listed in the market on September 24.

See also  Wholesale inflation fell to a 4-month low: It was 1.31% in August, no change in petrol and diesel prices today

Yesterday the market made an all time high Earlier, yesterday i.e. on 16th September, the stock market had made an all-time high. During trading, the Sensex touched 83,184 and the Nifty touched 25,445. However, after this, there was a slight decline and the Sensex closed at 82,988 with a gain of 97 points. At the same time, the Nifty also rose by 27 points. It closed at the level of 25,383.

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Graphics Source: VaskarAssets

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