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18th Oct · SEBI-Registered Analyst

Stock Market Closing Update: Sensex gains 485 pts; Nifty ends at 25,710 — FMCG, banking, and auto stocks outperform; mid & small caps decline

Indian equities concluded the session on a positive note on Friday, with benchmark indices hitting a fresh 52-week high. The Sensex and Nifty extended their winning streak for the third consecutive session, ahead of the Diwali festivities. At the close, the BSE Sensex stood at 83,952.19, advancing 484.53 points (0.58%), while the NSE Nifty50 settled at 25,709.85, up 124.55 points (0.49%). On the BSE,

ASIANPAINT
,
M&MFIN
a & Mahindra,
BHARTIARTL
, and
HINDUNILVR
(HUL) emerged among the top !gainers, whereas
INFY
, HCLTech, Eternal, and Tata Steel witnessed declines. Among sectors, the Nifty FMCG index led the rally with a 1.37% rise, while Nifty IT and Nifty Media slipped 1.63% and 1.56%, respectively. In the broader market space, the Nifty MidCap 100 and SmallCap 100 indices edged lower by 0.57% and 0.05%, respectively. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

#StockInNews#WatchOutFor#Post-ClosingCommentary#Miscellaneous#MacroViews
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