News – Stock market closed with a rise
Mumbai. The Indian stock market closed with a slight rise on Wednesday. This surge in the market has come due to dominant buying despite mixed signals from around the world. Along with Adani Group, the market also got a boost from the rise in shares of HDFC Bank. After the day's trading, BSE Sensex based on 30 shares closed at 80,234.08, up 0.29 per cent by 230.02 points. Similarly, Nifty-50 of National Stock Exchange consisting of 50 shares also closed at the level of 24,274.90 with an increase of 0.33 percent by about 80.40 points. Shares of 25 Nifty companies rose with profits while 25 shares declined. Today, among the 30 Sensex companies, the share of Adani Ports increased the most by more than 6 percent. Apart from this, shares of NTPC, HDFC Bank, Bajaj Finance, Maruti, JSW Steel, Tech Mahindra, Mahindra & Mahindra, Axis Bank, Bajaj Finserv were mainly gainers. On the other hand, shares of Titan fell by 0.77 percent. Apart from this, shares of IndusInd Bank, State Bank, Sun Pharma, Asian Paints, TCS, HCL Tech also fell. The market also rose due to the rise in shares of Adani Group. Apart from this, the rise in shares of HDFC Bank also boosted the stock market. Energy, , media, metals and financial services shares gained between 0.52 per cent and 1.45 per cent. While pharma, realty and IT were major losers. India VIX fell 4.44 percent to 14.6250, indicating a decline in market volatility. This reflects better investor confidence and a more stable business environment in the short term. Shares of all the listed companies of Adani Group witnessed good gains. On BSE, shares of Adani Energy Solutions rose 10.00 per cent, Adani Power 19.66 per cent, Adani Total Gas 19.76 per cent, Adani Green Energy 10.00 per cent and Adani Enterprises 11.56 per cent. Adani Wilmar rose by 8.46 percent, Ambuja Cements by 4.40 percent, Adani Ports by 6.29 percent, Sanghi Industries by 4.73 percent and ACC by 1.37 percent.
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