Business / Stock Market Closing Today 16 November With Slight Gains And Bank Nifty Bull Run Continued

Zoom News : Nov 16, 2022, 04:37 PM
Stock Market Closing: Looking at the action of the stock market, business has been seen in a limited range today. Nifty has closed flat and has been able to give closing around yesterday's level. Today, the hero of the stock market has been Bank Nifty, which has shown all-time high levels at intraday and closing levels.

How the stock market closed today

If we look at the movement of the stock market in today's trade, the BSE Sensex has closed at 61,980.72 after a gain of 107.73 points i.e. 0.17 per cent. Apart from this, the Nifty of NSE has closed at 18,409.65 with a flat gain of 6.25 points or 0.03 per cent.

Nifty and Sensex condition

Today, 21 out of 50 stocks of Nifty closed with a sharp rise, while 29 stocks dominated the decline and closed in the red mark. Out of 30 Sensex stocks, 16 closed with gains and 14 closed with losses.

View levels of Bank Nifty

Bank Nifty has again pleased the investors today and closed the trade at all-time high in intraday and closing time. For the first time Bank Nifty has closed above 42500 in closing. Today Bank Nifty has closed at the level of Rs 42,535 with a gain of 162.60 points i.e. 0.38 percent.

Today's Sectoral Indices

Today, trading has closed with a decline in shares of Consumer Durables and Oil and Gas sectors along with Pharma, Auto, Media, Metal, Realty, Healthcare index. On the other hand, talking about strong sectors, trade has closed with a boom in IT, Bank, Financial Services along with PSU Bank and Private Bank sector.

Today's rising stocks names

Today's gainers in the Sensex include Kotak Mahindra Bank, HUL, Dr Reddy's Laboratories, HDFC Bank, Bharti Airtel, HDFC, TCS, PowerGrid, Infosys, Sun Pharma, L&T, Wipro, Nestle, ICICI Bank, Asian Paints and Shares of HCAT Tech registered gains and closed in the green.

Names of today's declining stocks

SBI, Tech Mahindra, Maruti, ITC, M&M, Titan, Reliance Industries, Axis Bank, IndusInd Bank, UltraTech Cement, Bajaj Finserv, NTPC, Tata Steel and Bajaj Finance closed today with losses.