Share Market Today: Sensex up 355 points, Nifty close near 17,100 money moguls


Top winners: HCL Technologies, Hindalco Industries, UPL, UltraTech Cement and Nestlé India
Biggest losers: Eicher Motors, NTPC, Maruti Suzuki, ITC and Asian Paints
The stock market closed at the green tick on March 16.

New Delhi. Due to the excellent global signals, the market lit up on Friday. On the last trading day of the week, the market closed at the green mark amidst ups and downs. In today’s trading, buying was seen in real estate, metals and IT stocks, while energy and infrastructure stocks gained momentum. Stocks of consumer goods, automobiles and pharmaceuticals were under pressure. At the end of trading, the Sensex closed at 57,989.90 with a gain of 355.06 points, or 0.62 percent. At the same time, the Nifty closed at the 17,100 level with a gain of 114.40 points, or 0.67 percent.

HCL Technologies, Hindalco Industries, UPL, UltraTech Cement and Nestle India were the top Nifty gainers in Friday’s trading. On the other hand, Eicher Motors, NTPC, Maruti Suzuki, ITC and Asian Paints were the main losers from Nifty.

Read This Also: Whether There Is A Rise Or A Fall In The Stock Market Always Follow These 4 Success Mantras Investors Will Succeed

The market was closed at the green mark on Thursday.
In the last session, that is, at the end of trading on Thursday, the Sensex closed at a level of 57,634.84 with a gain of 78.94 points or 0.14 percent. The Nifty closed at 16,985.60, up 13.40 points, or 0.08 percent.

Also Read This: Voltas AC Refrigerator Prices May Rise In April, Brokerage Bullish, Check Price Target

IDBI Bank privatization process advances: DIPAM Secretary
The Central Government said on Friday that the IDBI Bank divestment process is continuing as per the prescribed strategic sale process. He also dismissed media reports that the IDBI divestment was said to be postponed. The Department of Investments and Management of Public Assets, that is, DIPAM, said that the sale of stake in the bank has passed the letter of interest (EoI) stage. DIPAM secretary Tuhin Kant Pandey tweeted: “After receiving several EOIs, the transaction is now proceeding as per the established process.”

Tags: BSE, Skilled, NSE, Sensex, market share

Leave a Comment