Today stock market: The stock market has gained quite strong on Tuesday. The Sen-sex closed at 36,442.54 with a gain of 378.73 points. Nifty closing ended at 123.95 points at 10,987.45. The market bounced from good shopping in the shares of banks and auto sectors.
3 reasons for the market rally
According to analysts, the rise in the rupee, softening of crude, services in February and the increase in manufacturing activities will increase the market share. The decision to exclude India from the list of beneficiaries of Duty Free Impact from the United States did not affect investors.
Tata Motors shares up 10% in intra-day
Suzlon Energy’s share of 28% on NSE and shares of Indiabulls Housing Finance are 10% in profit. The shares of Eicher Motors and Tata Motors also closed with a gain of over 7%. The Tata Motors stock rose 10% in intra-day. This is the highest gain of one day in the stock since May 2016.
IT index down 1.16% on NSE
NSE’s 10 out of 11 sector indexes closed with gains. The auto index remained at the highest 3.13% advantage. Closed only with IT index loss (1.16%).
Nifty’s top-5 ganners(today stock market)
|Indiabulls Housing Finance||10.01%|
Nifty’s top 5 losers
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