new Delhi. The Indian stock market closed higher today amid the US presidential election results. This was the third consecutive day in the stock market. The special thing is that there has been a good recovery of 3% in Reliance shares. On the other hand, Sun Pharma’s shares have seen an increase of over 4 per cent. At the same time, shares of IT companies have increased. According to experts, after the US presidential election results, there may be a big upsurge in the market.
Stock market closed sharply
Today, the stock markets closed for the third consecutive day. The Bombay Stock Exchange’s flagship index Sensex has gained 355.01 points to close at 40616.14 points. On the other hand, the National Stock Exchange’s major index Nifty 50 has gained 95 points to close at 11908.50 points. BSE Small Cap 48.92 and BSE Mid-Cap gained 65.17 points. While the foreign investors index CNX Midcap closed up 112.10 points.
More boom in IT and consumer sector
Today, consumer durables with IT and Tech have seen a boom. The trio ended with a gain of 381.45, 144.18 and 357.68 points respectively. While BSE Healthcare 246.44, BSE Auto 109.36, Bank Exchange 106.98, Capital Goods 135.88, Bank Nifty 88.80, Oil and Gas 76.63 and BSE FMCG gained 33.84 points. While BSE Metal 53.06 and BSE PSU closed down by 13.61 points.
Recovery in Reliance shares
Today, Reliance shares saw a recovery and closed up over Rs 1900 with a gain of 3.39 per cent. While IndusInd Bank closed 4.86 per cent, Sun Pharmaceutical Industries 3.92 per cent, Divis Laboratories 3.44 per cent and Infosys 2.96 per cent. Talking about the declining stocks, UPL has fallen by 3.76%, Housing Development Finance Corporation 2.01%, Hindalco Industries 1.81%, Axis Bank 1.68% and Power Grid Corporation of India 1.58%.