Share Market Closing on 14th July: The boom seen in the domestic stock market for the last few days continued even today. In the trading of the last day of the week, tremendous buying was seen in IT shares. On this basis, both the major domestic indices BSE Sensex and NSE Nifty created a new record.
Market reached this level
After the end of trading, the 30-share BSE Sensex closed at 66,060.90 points with a gain of 502 points, or 0.77 per cent. The Sensex started today’s trading with a boom at 65,775.49 points. Earlier on Thursday, the Sensex had closed at 65,558.89 points. During trading, it reached 66,159.79 points at one point, which is its new highest level ever.
Nifty also made a record
Similarly, the National Stock Exchange’s Nifty also closed above 19,564 points with an increase of 151 points, or 0.78 per cent. It was at 19,413.75 points on Thursday. In today’s trade, Nifty at one time reached a high of 19,595.35 points, which is also the new all-time high level of Nifty.
Such a boom in IT stocks
In today’s business, only 10 out of 30 Sensex companies suffered losses, while the shares of 20 companies closed strong. Market rally was led by IT stocks today. On the Sensex, TCS’s stock gained the most by around 5.15 per cent. Similarly, big IT stocks like Tech Mahindra, Infosys, HCL Tech and Wipro also gained up to 4.50 per cent. The top five gainers on the Sensex were from the IT sector. IT companies have got help from excellent quarterly results.
These stocks suffered losses today
On the other hand, Mahindra & Mahindra suffered the maximum loss of around 1.35 per cent. Power Grid Corporation also suffered a loss of more than 1 per cent. Reliance Industries, the biggest company in the market, was in a slight loss. After the merger, the stock of HDFC Bank, which is in focus, closed in the green zone even today.
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