The duration of the last 9 business days in the stock market has stopped. Sensex recovers 228 points due to rise in stocks of pharma, banking and power companies National Stock Exchange’s Nifty closed with a 74-point increase. At the end of the trading, the Sensex gained 227 points, or 0.61 percent, to 37,318.53 points, while the Nifty climbed 73.85 points or 0.66 percent to close at 11,222 points.
In the day-to-day trade, the Sensex touched the upper level of 37,572.70 and the lowest level of 36,956.10. Whereas, if we talk about Nifty, then, it touched the upper level of 11,294 throughout the trading day and a lower level of 11,108. Let us tell you that, the Sensex broke 1,940.73 points in the previous 9 sessions and the Nifty broke about 600 points. This is the first time in 8 years when the market is constantly marking on red for so many days.
During the trading on Tuesday, Sun Pharma has the highest 5.87 percent gain in Sensex companies. Bharti Airtel, Vedanta, IndusInd Bank, SBI and Reliance Industries climbed 5.40 percent. On the other hand, TCS, HCL, Bajaj Finance, Bajaj Auto and Infosys recorded the worst results. The BSE Mid-cap index closed up by 87.98 points, to 14,212.57 points, and the smallcap index climbed 41.53 points to 13,843.59 points.
The rupee on Tuesday rose marginally by 9 paise to 70.43 against the dollar in early trade on Tuesday. Earlier on Monday, the rupee declined by 59 paise to close at Rs 70.51 a dollar. This is a two month low level of rupees.