Nifty closes above 16,500; IT, FMCG and metals support the market Nifty closes above 16,500; IT, FMCG and metals support the market Tech Mahindra, ONGC, and HCL Tech emerged as the top gainers amongst Nifty stocks while HDFC Life, M&M, and Eicher Motors closed on a weak note. Rohit Kale / Wednesday, July 20, 2022 / Article rating: 3.6 Indices traded higher throughout the day as Nifty climbed 1.10 per cent while Sensex gained over 630 points. Nifty Midcap and Nifty Smallcap rose 0.19 per cent & 0.81 per cent, respectively.