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Stock Market Closing: Mid cap and small cap stocks made a great comeback, Indian stock market closed in the green.

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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 On 14 September 2023: Wednesday’s trading session has been excellent for the Indian stock market. Nifty has closed above the record high of 20,100. So, strong recovery has been seen in midcap and smallcap stocks. At the end of today’s trading, BSE Sensex closed at 67,519 points with a jump of 52 points, while National Stock Exchange’s Nifty closed at 33 points.

Condition of the sector

In today’s trade, the Mid Cap index closed at 40,716 points with a jump of 471 points and the Small Cap index closed at 12,741 points with a jump of 165 points. Apart from this, shares of Banking, IT, Auto, Metals, Energy, Healthcare and Oil and Gas sectors closed sharply. While stocks of consumer durables, FMCG and media sectors closed down. Of the 30 Sensex stocks, 15 closed with gains and 15 with losses. Whereas out of 50 stocks of Nifty, 31 stocks closed with gains and 19 fell.

index name closure level high level low levels percentage change
BSE Sensex 67,519.00 67,771.05 67,336.46 00:01:09
BSE SmallCap 37,726.50 37,852.22 37,483.57 1.15%
India VIX 11.32 12.04 11.21 -4.31%
NIFTY Midcap 100 40,716.05 40,740.85 40,403.60 1.17%
NIFTY Smallcap 100 12,741.95 12,768.60 12,659.10 1.31%
NIfty smallcap 50 5,836.25 5,860.25 5,801.90 1.18%
Nifty 100 20,024.80 20,083.70 19,961.40 0.24%
Nifty 200 10,721.05 10,746.15 10,685.35 0.37%
Nifty 50 20,103.10 20,167.65 20,043.45 0.16%

 

Investors’ wealth increased by Rs 2 lakh crore

Due to buying in mid cap and small cap stocks, there was a strong rise in the market and there was a jump in the wealth of investors. The market cap of companies listed on BSE was Rs 322.17 lakh crore which was Rs 320.23 lakh crore in the last trading session. That means, in today’s session, there has been an increase of Rs 1.94 lakh crore in the wealth of investors.

Rising and falling stocks

In today’s trade, Mahindra & Mahindra closed with a rise of 2.56 percent, Tata Steel 1.66 percent, Tech Mahindra 1.52 percent, Nestle 1.41 percent, Power Grid 0.98 percent, Union Bank 4.42 percent, Bank of India 3.57 percent. While Yes Bank closed with a fall of 1.13 percent, Bata India 0.74 percent, Nippon 0.44 percent.

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