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Stock Market Closing, 31 August 2023: Market boomed, NTPC shares rose 4%, stocks of these companies including Bajaj slipped

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Stock Market Closing: Despite closing on the decline, the stock market made a record, market cap crossed Rs 350 lakh crore for the first time.
Stock Market Closing: Mid cap and small cap stocks made a great comeback, Indian stock market closed in the green.

Stock Market Closing, 31 August 2023: The stock market is seeing a boom on the first trading day of the week. Today both Sensex and Nifty have closed with gains. After last week’s 3-day fall, there has been buying in the market today.

On Monday, the Sensex closed at the level of 66,527.67 with an increase of 367.47 points i.e. 0.56 percent. Apart from this, the Nifty index has closed at the level of 19,753.80 with an increase of 107.75 points i.e. 0.55 percent.

NTPC stock rose 4 percent

In the list of top-30 stocks of Sensex, 7 stocks closed down today. Apart from this, all the shares have closed with a boom. Today NTPC shares have been top gainers. NTPC stock closed with a gain of 4 per cent. Apart from this, the stock of Bajaj Finance has been the top loser.

Which stocks gained momentum?

Today apart from NTPC Power Grid, Tech Mahindra, Tata Steel, TCS, Wipro, Maruti, JSW Steel, Tata Motors, HCL Tech, IndusInd Bank, LT, Infosys, Bajaj Finance, Reliance, SBI, Titan, Sun Pharma, M&M, Axis Bank, HDFC Bank, Ultra Chemical and ICICI Bank’s shares have been increasing.

Which stocks declined?

In the list of declining stocks today, apart from Bajaj Finance, Kotak Mahindra Bank, HUL, ITC, Bharti Airtel and Asian Paints stocks also declined.

Which sector was booming?

Talking about the sectoral index, today there is a decline in the FMCG and healthcare sectors. Apart from this, there has been a boom in all sectors. Today there has been a boom in Oil & Gas, Consumer Durable, Realty, Bank, Private Bank, PSU Bank, Pharma, Metal, Media, IT, Financial Services, Auto and Banking sector.

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