Stock Market closes in the green, Nifty 50 up by 0.41%, Sensex by 0.40%

Today, the Indian markets witnessed positive sentiment and closed in the green. Nifty opened at 25,167.65, made a high of 25,330.75, and closed at 25,285.35, up by 0.41%. Sensex opened at 82,075.45, and made a high of 82,654.11. It closed at 82,500.82, up by 0.40%.Reasons for the positive sentimentThe market remained positive due to several reasons:The optimism was driven by renewed FII inflows and easing geopolitical tensions, which boosted investors' confidence.Healthy IPO demand and expectations of strong Q2 earnings also lifted the market sentiment.Major Indices Today IndicesLTPPrev close1D ChangeNifty 5025,285.3525,181.800.41%BSE Sensex82,500.8282,172.100.40%Next 5068,687.2568,520.250.24%Bank Nifty56,609.7556,192.050.74%Fin Nifty26,842.2526,724.300.44% Both Nifty and Sensex closed positively, influenced by gains in SBI, Maruti Suzuki, Adani Ports, Bharat Electronics, and the addition of fund inflows from FIIs.Nifty Next 50 traded higher due to the strong gains in Divis Labs, PNB, Lodha Developer and DLF.The Bank Nifty and Fin Nifty were up, driven by gains from State Bank of India, HDFC, Punjab National Bank and Axis Bank.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT35,609.0535,628.50-0.05%Nifty Auto26,721.2026,587.000.50%Nifty FMCG54,966.4554,707.450.47%Nifty Pharma22,218.2521,936.201.29%Nifty Healthcare14,742.2514,593.501.02%Nifty Oil & Gas11,467.2511,467.250.00% Nifty IT turned negative, driven by weak global cues and cautious commentary from other IT companies over US IT clients cutting down on tech spending.Nifty Auto rose due to gains in Maruti Suzuki, Bajaj Auto, M&M, and Eicher Motors.Nifty FMCG traded positively with significant contributions from ITC, HUL, Nestle India, and Tata Consumer Products shares.Nifty Pharma was pulled up by the gains in Divis Labs, Cipla, Sun Pharma and Dr Reddy’s Laboratories.The Nifty Oil & Gas index remained flat amid a tug-of-war between the pullers (RIL, ONGC, GAIL, etc.) and draggers (BPCL, IOC, etc.) in the index.Market Movers TodaySpiceJet shares rose by 7% after the company added three new aircraft to its operational fleet, including an Airbus A340 wide-body and two Boeing 737s.Tata Communications' share rose by 14.8% due to the optimism surrounding its potential role in the burgeoning AI and data centre ecosystem.Yes Bank shares hit a 52-week high after the acquisition by Japanese financial major Sumitomo Mitsui Banking Corporation.GMDC shares rose by 7% as the Indian Government prepares a ₹7,300 crore incentive scheme for rare earth magnet production.Top Gainers Company NameLast PricePrev CloseChangePG Electroplast585.95553.155.93%Yes Bank24.0022.427.05%Divis Laboratories6,474.506,132.005.59%HFCL76.0473.982.78%Cipla1,561.801,513.103.22% Top Losers Company NameLast PricePrev CloseChangeSAIL132.17136.46-3.14%Manappuram Finance284.75294.25-3.23%Tata Elxsi5,407.505,573.00-2.97%Muthoot Finance3,156.903,249.50-2.85%UNO Minda1,219.801,260.00-3.19% 52W High Stocks Company NameLTP52W highChangeState Bank of India880.65883.752.15%Eternal348.30349.900.81%Punjab National Bank117.24117.852.57%Polycab7,730.007,794.501.30%Canara Bank127.39128.600.97% 52W Low Stocks Company NameLTP52W low ChangeUrban Company156.74156.25-2.40%Clean Science & Technology1,072.301,033.003.34%Westlife Foodworld641.75638.20-2.30%Tips Music549.05537.600.80%Advance Agrolife110.27102.005.00% High Volume Stocks Today Company NameLTPPrev CloseChangeITC402.80399.900.73%Bharat Electronics413.50409.351.01%Vedanta482.20484.20-0.41%HDFC Bank980.90977.100.39%Hindustan Zinc498.30512.25-2.72% IPOsRubicon Research and Canara Robeco Asset Management Company IPOs are open for subscription today and will close on October 13th, with a price band of ₹461-₹485 and ₹253-₹266, respectively.Canara HSBC Life Insurance IPO opened today and will close on October 14th. The price band is set at ₹ 100-₹ 106.Allotment StatusLG Electronics shares allotted today. Investors can check the allotment status online through the websites of BSE and NSE.Listed TodayWeWork India shares are listed today at a discount of 0.23% at ₹650 on NSE. The price band was set at ₹615-₹648 per share.Market AnnouncementsTCS is to create over 5,000 new jobs in the UK in the next three years.Shares of Reliance Power rose by 15% amid buying interests and high trading volumes.

Stock Market closes in the green, Nifty 50 up by 0.41%, Sensex by 0.40%

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