Sensex closed at 72,748, up 104 points. Paytm and Tata Steel's stock increased by 5%, while the Nifty also gained 32 points.
Today, March 18, there has been an increase in the stock market. Sensex gained 104 points and closed at 72,748. Simultaneously, the Nifty experienced a 32-point increase and closed at 22,055. Thirteen Sensex stocks total—six have increased and fourteen have decreased.
Buying in auto, energy, and metal stocks took place today. The Realty, Infra, and Pharma indices, however, ended the day higher. Shares of FMCG and IT have been under pressure. Auto and metal shares increased more today. Today, shares of Tata Steel have increased by 5% as well.
The shares of Paytm had an upper circuit of 5%. The shares of Paytm experienced a 5% upper circuit today. The stock ended the day at Rs 389.20, up Rs 18.50 (or 4.99%). Today, Yes Securities upgraded Paytm, giving it a 'buy' rating and a target price of Rs 505, marking the first time since the company's market listing.
The market saw a downturn on Friday.
The stock market saw a decrease earlier on March 15. The Sensex closed at 72,643, having dropped 453 points. Nifty dropped 123 points at the same time and ended the day at 22,023.