Top gainers, losers today: Wipro, HCL Tech, M&M, ITC, among most active stocks
unemployment rate increased to 3.8% in August, while the average hourly salary is on the decline. With regard to the September meeting, the Fed is probably going to hold rates, according to the statistics. This was overall encouraging news for the global equity markets.
Sensex closed 241 points, or 0.37 per cent, higher at 65,628.14 while the Nifty closed the day with a gain of 102 points, or 0.53 per cent, at 19,537.45. India Vix was down by 3.54%. Coal India Ltd (up 4.64%), Wipro Ltd (up 4.35%), UltraTech Cement Ltd (up 3.96%), HCL Technologies Ltd (up 3.90%), and Jio Financial Services Ltd (up 3.88%)were among the top gainers of Nifty 50.
Mahindra & Mahindra Ltd (down 1%), Nestle India Ltd (down 0.98%), ITC Ltd (down 0.80%), Axis Bank Ltd (down 0.78%), Bajaj Finance Ltd (down 0.58%) were among the laggards today. "Recent releases of domestic macroeconomic data have portrayed a positive picture for the domestic markets, allowing them to maintain their momentum. Despite profit booking in Nifty Auto after reaching an all-time high, the market regained its footing with robust buying in IT stocks.
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