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The beginning of July was not very enthusiastic for the stock market. There was not much ups and downs in the Indian markets on Tuesday. After the day -long trading, the Sensex closed at 83,697.29 with a gain of 90.83 points (0.11 per cent), while the Nifty climbed 24.77 points (0.1 per cent) to close at 25,541.80. The Nifty Bank also showed a slight rise and closed down 0.26 per cent at 57,459.45.
Which shares supported the market?
In today’s business, some big stocks stopped the market from falling. Among them were Bharat Electronics, Reliance Industries, Asian Paints, UltraTech Cement and Kotak Mahindra Bank. Their strength supported Nifty and Sensex.
What are the major shares with fall?
However, the market speed did not open completely open by some weak performance stocks. Shares like Axis Bank, Trent, Eicher Motors, ICICI Bank and Tech Mahindra saw a decline, causing the market boom to stop.
Three companies have entered the stock market today
Today three new companies listed in the stock market-
Globe Civil Projects took a tremendous entry and listed on NSE at Rs 90, which was up from Rs 71 to 26.76 percent. The stock listed at Rs 91.10 on BSE i.e. at about 28 percent premium.
Kalpataru Projects started a little slow, it listed at its issue price of Rs 414.
Ellenbarrie Industrial Gases made a good start, it listed at Rs 486 up by Rs 21.5 per cent on NSE and Rs 23 per cent up to Rs 492.
Which sector was today’s hero?
Even though the market is quiet today, some sectors performed well.
Glass sector topped the top, which saw an increase of about 2 percent.
Cables sector increased by 1 percent.
Petroleum and electronics sector also had a slight rise of 1-1 percent.
Paints and pigments saw an increase of 0.84 percent.
which business groups earned and who remained in losses?
In today’s business, the Nagarjuna Group won, which recorded a gain of about 5 percent. After this Jaypee Group (4 percent), Essar Group (3.9 percent) and Apollo Hospital Group (3.39 percent) also performed well.
On the other hand, the Pennar Group suffered the most damage, its market value fell by 4 percent. Essel Group (3 percent), Manipal Group (1.9 percent) and Murugappa Group (1.6 percent) also saw selling.
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