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Banking and metal sector made stock market return, Sensex closed beyond 48000

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New Delhi. When the market opened this morning, the market was expected to open faster due to all the good signs, but it did not happen. The stock market witnessed a tremendous decline due to the record Kovid cases being exposed. Later during the trading session, the market rebounded once again. The Sensex closed with a score of 48 thousand cross due to recovery in the metal and banking sector. While the Nifty was also able to maintain itself at 14,400 points. Where steel stocks saw a boom. On the other hand, ICICI Bank and HDFC shares have seen a boom.

Also read: EV sales decline during Kovid 19, difference of 20%

Closed with market recovery
Today the stock market closed with a recovery. The Bombay Stock Exchange’s flagship index Sensex gained 374.87 points to close at 48,080.67 points. On the other hand, Nifty 50, the major index of the National Stock Exchange, rose by 109.75 points to close at 14,406.15 points. BSE Smallcap 123.03, BSE Mid-cap 55.09 and CNX Midcap closed up by 106.70 points.

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Banking and metal boom
If you look at the sectoral index, Bank Exchange is seeing a gain of 754.57 points and Bank Nifty 669.90 points. BSE Metals 296.97, Oil and Gas 107.51, BSE PSU 56.57, BSE Healthcare 31.93, Capital Goods 18.96 and BSE Auto closed up by 1.23 points. On the other hand, consumer durables 481.84, BSE FMCG 76.03, BSE IT 41.11 and BSE Tech closed down by 10.60 points.

Also read: By Dussehra, gold can cross 60 thousand and silver crosses 1 lakh rupees, know the reason behind it

Rising and falling shares
Talking about the first rising stocks, ICICI Bank closed 3.60 per cent, Wipro 3.52 per cent, JSW Steel 3.25 per cent, Tata Steel 3.06 per cent, Housing Development Finance Corporation with 2.64 per cent. On the other hand, Titan Company 2.76 per cent, Shree Cements 2.72 per cent, Tata Consumer 2.15 per cent, Hindustan Unilever 2 per cent and Nestle India shares have fallen by 1.79 per cent.

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