On Thursday, January 2, the stock market opened in the green. This was in contrast to the significant gain seen at the end of the previous trading session. The rise mostly originated from IT and financial services stocks.
The benchmark BSE Sensex was up 0.08%, or 59.16 points, at 9:30 am, closing at 78,566.57. Meanwhile, the wider NSE Nifty increased by 28.20 points, or 0.12%, to 23,771.10.
Which stocks rose the most?
Of the 30 Sensex stocks, Bajaj Finance Ltd. saw a significant increase, rising 2.40% to trade at ₹7103.35. After this, Kotak Mahindra Bank Ltd. saw a 1.81% increase, closing at ₹1820.50, and Bajaj Finserv Ltd. saw a 1.50% increase, closing at ₹1600.30.
Which sectors rose the most?
Nifty Financial Services Ex-Bank experienced the largest increase of any Nifty Sectoral Indices, rising 0.84% to 25,543.90. Nifty IT followed with a 0.37% increase to 43,533.15, and Nifty Financial Services 25/50 followed with a 0.29% increase to 25,298.75. Nifty Auto, which saw the biggest increase yesterday due to the efforts of Mahindra & Mahindra Ltd. and Maruti Suzuki India Ltd., was only up 0.15% today, at 23,173.40.
How did the stock market perform yesterday?
Yesterday, the stock market opened flat and ended the day well into the green. The Nifty closed at 23,742.90, up 98.10 points, or 0.41%, while the Sensex closed at 78,507.41, up 368.40 points, or 0.47% overall.
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