Today’s session was good for the stock market, with Adani Group stocks closing in the green.

Stock market close on November 28, 2023: The first trading session of this week after a long holiday has been very good for the Indian stock market. Tuesday proved to be a good day for stocks in most market sectors. The market closed with strong gains led by gains in shares of Adani Group and energy sectors. At the end of today’s trade, the BSE Sensex closed up 204 points at 66,174 points, while the National Stock Exchange’s Nifty closed up 95 points at 19,890 points.

State of the sector

Today’s trade saw heavy buying in energy stocks. The Nifty Energy Index jumped nearly 700 points to close at 29,253 points. Shares in banking, auto, IT, metals, commodity, consumer durables, oil and gas sectors also closed with strong gains. Only shares of the healthcare, FMCG and pharma sectors saw declines. For once in today’s trade, mid-cap stocks saw a spectacular rally. The index closed in the green due to gains in small cap stocks as well. Today, out of 50 Nifty stocks, 38 stocks closed in the green while 12 closed down while 17 out of 30 Sensex stocks closed up and 13 closed down.

Increase in investor wealth

Due to the tremendous growth in the market in today’s business, the market cap of the companies listed on BSE has increased tremendously. The market cap of BSE-listed companies has reached Rs 331.10 lakh crore, which was Rs 326.95 lakh crore in the previous session. This means that investors’ wealth has increased by Rs 4.15 lakh crore in today’s session.

Rising and falling shares

If we look at the rising stocks in today’s trade, Adani Enterprises closed with gains of 8.90%, Adani Ports 5.30%, Tata Motors 3.53%, BPCL 3.39%, Coal India 2.75%. Apollo Hospitals closed down 0.64 percent, ITC 0.58 percent, Eicher Motors 0.58 percent lower.

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