Stock Market News and Tips: Sensex closes above 190 points; Nifty halts above 10950

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Stock Market News and Tips

The week has started with enthusiasm in the market. Today, Reliance, HDFC Bank and Infosys have gained momentum in the market. In today's trading, the Sensex climbed 0.5 percent to close 36500. However, at one point the 250-point gain was seen in the Sensex but the pressure at the upper level was dominated. At the same time, the Nifty also plummeted by nearly 50 points and reached 10950. Bank Nifty also closed in green mark but mid-cap stocks remained the day of selling.

Reliance Industries, Kotak Mahindra Bank and Bajaj Finance and Infosys were the biggest gainers today. At the same time, the worst decline was seen in Hero Moto Corp, Yes Bank, Maruti, and Wipro.

Mid-sized mid-and small-cap shares of giants were today seen under pressure, which led to the BSE mid-cap index closing at a level of 14,393.22, with a 0.56 percent weakness. Meanwhile, the smallcap index closed 0.70 percent down at 14,402.55. Today, oil and gas stocks saw good buying, which led to the BSE's oil and gas index climbing up 0.70 percent.

At the end of the turnover, BSE's 30-share index Sensex closed at 192.35 points, which is 0.53 percent higher at 36578.96. On the other hand, NSE's 50-share major index Nifty closed 54.90 points i.e. 0.50 percent, at the level of 10961.85.

source:- https://hindi.moneycontrol.com/news/market-news/sensex-closed-190-points-up-nifty--above-10950_196831.html