Nifty closes above 16200; Auto and IT shares gain, metal stocks drag the market Nifty closes above 16200; Auto and IT shares gain, metal stocks drag the market M&M, Maruti Suzuki and HUL emerged as top gainers while JSW Steel, Tata Steel, and Divis Labs were the top losers among Nifty Stocks. Rohit Kale / Monday, May 23, 2022 / Article rating: 5.0 Nifty managed to close above 16200 after a sharp sell-off in the last one hour. In the end, the benchmark index closed lower by 0.32 per cent while Sensex lost about 37 points.