On October 1st, the stock market closed b following the RBI credit policy announcement. The Sensex jumped 715 points to close at 80,983, and the Nifty rose 225 points to close at 24,836. On the NSE, 3,158 shares were traded, with 2,199 advancing and 874 declining. Tata Motors, Trent, and Kotak Mahindra were among the top gainers, while Bajaj Finance and UltraTech Cement were the top losers.
Stock Market Closing: On October 1st, the Indian stock market registered significant gains following the announcement of the RBI's credit policy. The Sensex surged by 0.89%, or 715.69 points, to close at 80,983.31, and the Nifty climbed by 0.92%, or 225.20 points, to finish at 24,836.30. A total of 3,158 shares were traded on the NSE, with 2,199 closing higher and 874 closing lower. Shares like Tata Motors, Kotak Mahindra, and Trent emerged as top gainers, while Bajaj Finance, SBI, and UltraTech Cement were the top losers.
Sensex and Nifty Performance
Today, the Bombay Stock Exchange's Sensex closed at 80,983.31, marking a substantial gain of 715.69 points, which represents a 0.89 percent rise. The National Stock Exchange's Nifty also performed bly, closing at 24,836.30 with an increase of 225.20 points, a leap of 0.92 percent.
Trading on NSE
On the National Stock Exchange today, a total of 3,158 shares were traded. Among these, 2,199 shares closed with gains, while 874 shares recorded declines. Meanwhile, 85 shares saw no significant change and remained stable. This clearly indicates that an upward trend dominated the market.
Today's Top Gainer Shares
During the trading session, shares of several leading companies witnessed b gains.
- Shares of Tata Motors rose by Rs 38.15 to close at Rs 718.35.
- Shares of Shriram Finance gained Rs 32.60 to close at Rs 648.70.
- Kotak Mahindra Bank shares surged by Rs 70.60, closing at Rs 2,063.30.
- Trent Limited shares made the best leap, climbing by Rs 154.50 to reach Rs 4,832.
- Sun Pharma shares showed strength, rising by Rs 41.90 to close at Rs 1,636.20.
These top gainer shares provided good returns to investors and played a crucial role in the market's rally.
Today's Top Loser Shares
While many shares brought cheer to investors, some leading companies also saw their shares decline.
- Shares of Bajaj Finance fell by Rs 11.20 to close at Rs 987.70.
- State Bank of India (SBI) shares weakened by Rs 8.35, reaching Rs 864.10.
- UltraTech Cement shares dropped by Rs 127, closing at Rs 12,095.
- Tata Steel shares saw a marginal decline of Rs 1.26, closing at Rs 167.51.
- Bajaj Auto shares slipped by Rs 52 to close at Rs 8,626.50.
These shares were among the top losers today, experiencing pressure despite the overall market rally.
Focus on Banking and Auto Sectors
In today's trading, several banking sector shares showed strength, with Kotak Mahindra Bank and HDFC Bank registering gains. In the auto sector, Tata Motors delivered an impressive performance, but Bajaj Auto shares slipped into the list of losers.