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It is common in the stock market to be in a period of rapid and slowdown. If there is a boom in a sector, it can also be seen falling on the second day in the same sector. The rise or fall of any stock depends on the performance of that company and also the fluctuations in that sector. Government announcements and policies also affect the rise and fall in stocks of companies.After two days of decline, the market today saw a boom. In today's business, power, metal and pharma stocks have seen the most purchases. There is also light buying in FMCG shares. The Sensex has gained 237 points to close at 41216. At the same time, the Nifty has gained 76 points to close at 12108. Banking stocks were a very good buy, due to which the Bank Nifty climbed 242 points to close at 31301. BEML's results in the third quarter have been poor. The company's profits have fallen by 90 %. After the results, BEML has lost its share.RELIANCE and HDFC twin have energized the market. Banking, metal and auto stocks are seeing the most action. Wockhardt Stock hiked13% , Sun TV hiked 6.7 %, Shares of Bajaj Finance extended gains & hiked1.2 % to hit an all-time high. while Nalco Stock fall 5.6 %.There are some shares of market in that we can see better earning opportunities union bank,hindalco,pidilite,cadila,hindunlvr,reliance,kotak,idfcbnk,pvr.
RESULTS-ASHOKLEY,NBCC,SUZLON,HINDALCO
TOP GAINERS – NTPC, JSWSTEEL, GAIL, MARUTI, POWERGRID
TOP LOSRS- BPCL, YESBANK,M&M,HINDUNILVR,SUNPHARMA