Business

Brake on Market Pace, Sensex Closed with a Slight Increase

Monali Gupta

On the last Friday, the stock market caught the pace of the announcement of the cut in corporate tax by the Central government, at the moment there has been a break. In fact, on the second trading day of the week, the Sensex closed at 39,097 points with a slight gain of 7 points. The Nifty remained on the red mark there. At the end of trading, the Nifty was at a level of 11 thousand 588 with a loss of 12 points. Earlier, during the trading, the SENSEX and NIFTY saw ups and downs.

During this time, the share of IT sector was the fastest. In fact, 17 Indian companies have been ranked in Forbes' list of respected companies. Infosys and Tata Consultancy Services (TCS) of the IT sector have found place in it. At the end of the business, Infosys shares gained 3.78 percent. While TCS shares also closed with gains of over 1 per cent.

Apart from this, Reliance stock rose 3.22 percent. Indeed, global brokerage house Morgan Stanley has given RIL's stock an 'overweight' rating and raised the target. This is the reason why there is excitement among investors about RIL. Dr.

Apart from Reliance, Tech Mahindra shares also closed with gains of over 3 per cent. At the same time, in the auto sector, Tata Motors and Maruti's shares were illuminating. Maruti's sales have increased in September compared to August. The company has benefited from this. Apart from this, Powergrid, HCL, Yes Bank, Vedanta and HUL also closed on the green mark.

Let us tell you that the Sensex closed up by 3000 points in Friday and Monday trading. At the end of trading on Monday, the Sensex registered a gain of 1075 points, while on Friday the Sensex closed up 1921 points. Investors had gained Rs 10.35 lakh crore in these two trading days.

Get Ready for Biggest Sale of the Year Coming on Amazon and Flipkart, Get Up to 80% Off!

Kejriwal to Step Down as Delhi Chief Minister, Requests Meeting with LG

Earth to Get a Temporary Second Moon, Here's What You Need to Know

Major Revelation on Terrorist Osama bin Laden's Son Hamza is Alive and Leading Al-Qaeda in Afghanistan

From Arrest to Bail: A 6-Month Timeline of 'Kejriwal Case'