Greenness in the stock market for the second consecutive day, Sensex closed with a gain of 450 points; These stocks remained bullish

Share Market Highlights: The Indian stock market closed with a huge rise for the second consecutive day in the trading session today, Friday, December 12, the last day of the week. All-round buying was seen in the market. At the end of the day, Sensex closed at 85,267.66 with a gain of 449.53 points or 0.53 per cent and Nifty closed at 26,046.95 with a gain of 148.40 points or 0.57 per cent. Metal and realty stocks did the work of pulling the market up.

Nifty Metal closed with a rise of 2.63 percent and Nifty Realty closed with a rise of 1.53 percent. Nifty Auto closed with gains of 0.58 percent, Nifty IT 0.47 percent, Nifty Energy 0.83 percent, Nifty Private Bank 0.45 percent, Nifty Infra 1.18 percent, Nifty PSE 0.72 percent and Nifty Consumption 0.59 percent.

Midcap stocks support the market

On the other hand, Nifty FMCG closed with a marginal decline of 0.24 per cent and Nifty Media fell by 0.05 per cent. The market rally was strongly supported by midcap and smallcap stocks. The Nifty Midcap 100 index was at 60,283.30, up 705.25 points or 1.18 per cent and the Nifty Smallcap 100 index was at 17,389.15, up 161.90 points or 0.94 per cent.

Today’s Top Gainers and Losers

Tata Steel, Eternal (Zomato), UltraTech Cement, L&T, Maruti Suzuki, Bharti Airtel, Adani Ports, Axis Bank, Bajaj Finance, Titan, TCS, Bajaj Finserv and Trent Gainers were the gainers in the Sensex pack. HUL, Sun Pharma, ITC, Asian Paints, Power Grid, HCL Tech, Kotak Mahindra, Infosys and SBE were the losers.

What did the analysts say?

Rupak De, Senior Technical Advisor at LKP Security, said that after short-term weakness, Nifty has once again crossed 26,000. This is a bullish signal. As long as Nifty holds the level of 25,900, this bullish trend will continue. In case of bullishness, Nifty can touch the level of 26,300 in short term.

Today’s start in the stock market

indian stock market It started with a bang. At 9:21 am, Sensex was at 85,203, up 386 points or 0.45 per cent, and Nifty was at 26,010, up 111 points or 0.43 per cent.

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Big jump of silver in commodity market

Great movement was also seen in the commodity pack. silver has domestic market Made a big jump of Rs 10,600 and made a new life high of Rs 1,99,220. In the international market too, silver jumped 4% and reached a new record above $64.50. Gold closed at Rs 1,32,550 with a gain of Rs 2,900. Crude oil slipped 1.5% to $61.