Buying in banking stocks led the stock market again, Sensex closed up 480 points.

Stock market close on February 13, 2024: After witnessing a big fall in the previous trading session, Tuesday’s trading session brought relief for the Indian stock market. The market witnessed a strong rally due to buying in banking and IT stocks. Mid-cap and small-cap shares also saw buyers in today’s trade. At the end of today’s trade, the BSE Sensex closed at 71,555 points, a jump of 483 points, while the National Stock Exchange’s Nifty closed at 21,743 points, a jump of 127 points.

Increase in market capitalization

Today’s trading session witnessed an increase in the wealth of investors due to the bullishness of the stock market. In today’s trading, the market cap of BSE-listed companies touched Rs 380.80 lakh crore, which closed at Rs 378.85 lakh crore in the previous trading session. This means that the market value of BSE listed companies has increased by Rs 2 lakh crore in today’s session.

Index name Closure level High level Low levels Percentage change
BSE Sensex 71,555.19 71,662.74 70,924.30 0.68%
BSE Small Cap 44,284.48 44,330.69 43,200.02 0.18%
India VIX 15.81 16.57 15.75 -1.59%
NIFTY MID CAP 100 47,835.65 47,908.20 46,943.25 0.34%
NIFTY Small Cap 100 15,643.75 15,664.90 15,225.85 0.17%
Nifty Small Cap 50 7,315.20 7,328.70 7,088.90 0.56%
Nifty 100 22,181.60 22,196.85 21,934.80 0.63%
Nifty 200 11,983.85 11,992.20 11,836.40 0.59%
Nifty 50 21,743.25 21,766.80 21,543.35 0.59%

State of the sector

Today’s trade saw buyers in banking stocks, which led the Bank Nifty to close with a gain of 620 points. Apart from this, there has been an increase in stocks of IT, Pharma, FMCG, Energy, Private Bank, Consumer Durables, Healthcare and Oil and Gas sectors, while there has been a decrease in the stocks of Commodity, Media, Metals. Mid-cap and small-cap stocks saw buying and selling in today’s session and both indices closed in the green. Out of 30 shares of Sensex, 25 shares closed with gains and 5 closed with losses, while out of 50 shares of Nifty, 39 shares closed with gains and 11 closed with losses.

Rising and falling shares

In today’s session, ICICI Bank closed up 2.46%, Axis Bank 2.30%, Wipro 2.14%, NTPC 1.85%, Kotak Mahindra 1.58%. While Ultra Tech Cement closed down by 1.03 percent, Mahindra & Mahindra by 0.85 percent, Titan by 0.60 percent.

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