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Market took a sigh of relief due to RBI not making loans expensive, stock markets closed with great speed

Stock Market Closing 8th April 2022: The Indian stock market has closed with great momentum on the last trading day of the week. For the last two days, the market was closing in the red mark. But on Friday, due to the announcement of bi-monthly loan policy of the RBI, the stock market closed with a boom due to not making loans expensive. With the rise of more than 400 points in the Sensex, the Nifty closed with a gain of 144 points.

how the market closed
The Mumbai Stock Exchange index Sensex closed with a gain of 407 points at 59,442 points and the NSE Nifty managed to close with a gain of 150 points at 17,787 points or 0.84 per cent.

sectoral index
In Friday’s trading session, except the stocks of IT sector, buying was seen in all other sector stocks. Apart from banking, gains were seen in auto, pharma healthcare realty stocks. Shares of private banks and oil and gas sector also closed in the green. Of the 50 stocks of Nifty, 41 stocks closed in the green, while 9 shares closed in the red mark. At the same time, out of 30 shares of Sensex, 7 shares closed in red mark and 23 shares closed in green mark.

top gainers
Today, NTPC has gained 6 per cent and BPCL was up 4.34 per cent in the top Nifty stocks. Power Grid closed up by 3.97 per cent and IndusInd Bank managed to close on the strength of 3.54 per cent. Business closed with a gain of 3.11 percent in SBI.

most falling stocks
If we look at the falling stocks, Tech Mahindra closed with a decline of 1.18 percent, NTPC 0.98 percent, Maruti Suzuki 0.89 percent, HCL Tech 0.58 percent, Sun Pharma 0.36 percent, HDFC 0.35 percent and HDFC Bank 0.06 percent.

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