Market closes higher for 3rd straight day


Market ended with positive sentiments after witnessing mild volatility closing in positive territory for the 3rd straight session after 7 day losing streak.

BSE Sensex closed higher by 213 points or 0.68% at 31,497 levels and Nifty ended at 9,859 levels up 0.72% or 70 points.

Nifty Metal index was the top index gainer among sectoral indices on NSE. In the mid hours of trade, Nifty Auto index roared on bourses after auto players reported their September sales figures. Nifty Auto closed higher by 0.86% at 10,903 levels.

In the closing hours of trade, Panama Petrochem witnessed a spike in share prices and got locked in upper circuit at the closing hours. The stock closed higher by 13.38% at Rs 165.70 per share.

Oil marketing companies also ticked higher on the final minutes of Tuesday’s trade. OMC’s namely IOC closed higher by 1.77% at Rs 407.15 per share, HPCL gained 1.74% at Rs 433.90 per share and BPCL gained 1.25% at Rs 478 per share.

Nifty bank closed at 24,116 level gaining 0.26% or 63 points.

BSE Mid-cap index closed lower by 0.77% at 15,554. BSE Small-cap index closed higher by 0.49% at 16,192. India VIX closed lower by 0.20% at 12.4

There were 866 advances, 812 declines and 326 unchanged stocks on NSE reflecting a mixed undertone floating in the market.

GAIL, Tata Motors and Aurobindo Pharma are the top Nifty gainers, whereas Powergrid Corporation, Bharti Airtel and Cipla are the top Nifty losers.


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