October 2, 2022
By : Quick Insurance Guru
Markets ended a two-day streak of gains despite positive global cues as most sectors closed in the red with moderate losses on August 25.
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The benchmark stock index of the BSE fell 300 points to 58,775 on the Nasdaq Stock Market.
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The Nifty50 fell 85 points to 17,522, while the broader space outperformed benchmark indices as the Nifty Midcap 100 index dipped 0.9 percent & Smallcap 100 index gained 0.7 percent.
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Rising volatility also seems to have caused selling pressure on Thursday.
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India VIX, the measure of expected volatility in the market, rose 6.18 per cent to 19.57 levels.
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Stocks that were active and performed better compared to broader markets included L&T Finance Holdings which rose 7 per cent to 80.3 per cent.
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Formed a large bullish candle on daily charts with strong volumes, continuing the upward trend for the third consecutive session.
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Sensex climbed more than 5 percent to Rs 410 and saw the formation of a bullish candlestick pattern on the daily charts with above average volumes.
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L&T Finance Share Price Today :- 74.95 INR
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