Stock Market Closing On 18th October 2022: Tuesday has been a very auspicious day for the Indian stock market. Due to the buying of investors in the shares of banking, IT, MFCG sector, the stock market has closed with great momentum. At the end of trading today, the index of the Mumbai Stock Exchange closed at 59,960 points, up 550 points, while the Nifty of the National Stock Exchange closed at 17,486 points with a gain of 175 points.
Today, 3565 shares were traded in the market, in which 2072 shares closed with a rise, while 1366 shares have seen a decline. There is no change in the price of 127 shares. Upper circuit has been seen in 233 stocks today, while 145 shares closed with lower circuit. There has been an increase of about Rs 3 lakh crore in the wealth of investors. The market cap of the shares listed on the BSE has increased to $ 274.55 billion.
If we look at the sectors which were booming, then all sectors like Banking, Auto, IT, Pharma, FMCG, Metals, Energy, Media, Oil and Gas have seen buying in stocks. Mid cap and small cap indices also rose. Out of 50 stocks of Nifty, 40 stocks closed with a rise, while 10 stocks have seen a decline. Of the 30 stocks of Sensex, 25 shares have closed with a rise and 5 shares have fallen.