On the day of weekly expiry, there was profit-booking in the market from higher levels. Sensex, Nifty closed on the decline for the third consecutive day. Buying was seen in FMCG, Metal, Pharma shares in today's trading. On the other hand, auto, bank, realty, IT stocks saw selling.
At the end of trading, the Sensex closed at 58,338, down 237 points, or 0.41%. while the Nifty closed at 17,475 down 54.65 points or 0.31 %.
ONGC was a shining star today .shares of ONGC a gained 3% on the NSE in Wednesday's intra-day trade in an otherwise subdued market after oil prices surged. Crude oil prices increased around 6% on Tuesday amid reports of lower supply by oil producers and easing of lockdown curbs in parts of China. ONGC and Oil India are expected to witness strong earnings on higher oil prices .During morning trading, this stock opened from 170 made high of Rs. 174.45 and finally closed at 173 levels.
As we predicted in our previous post, keep an eye on Infosys, today its results were declared which are very good as compared to last quarter. According to which the company's profit during this period has come down to Rs 5,686 crore from Rs 5,809 crore in the third quarter of the same year. During this period, the company's income has increased to Rs 32,276 crore from Rs 31,867 crore in the third quarter. Stock opened today at 1753 Rs. made high of rs .1754 closed at 1751 levels overall increase 0.50 % today on NSE.
TOP GAINER :- ONGC , IGL , CHMBEL FERT
TOP LOSSER :- DELTACROP , BALRAMPURCHINI , CANFIMHOME
TOP GAINER :- ONGC , IGL , CHMBEL FERT
TOP LOSSER :- DELTACROP , BALRAMPURCHINI , CANFIMHOME
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