Market erases losses of previous sessions taking Nifty 50 back above 24,300
At close, Sensex was up 1,005.84 points or 1.27% at 80,218.37 while Nifty was up 289.15 points or 1.20% at 24,328.50.
At close, Sensex was up 1,005.84 points or 1.27% at 80,218.37 while Nifty was up 289.15 points or 1.20% at 24,328.50.
The combined market capitalisation of the top 10 most-valued companies surged by Rs 3.84 lakh crore last week, driven by a bullish trend in equities. HDFC Bank and Bharti Airtel emerged as the top performers.
Through fostering innovation, empowering MSMEs and strengthening industrial ecosystem, the country can solidify its position as a reliable, high-quality global manufacturing hub, according to the report on the sector.
BSE Midcap and smallcap indices rose 3% each. India VIX, the measure of volatility in the market, ended the session 19% lower.
Reliance expanded Campa Cola, one of India’s old soft drink brands from the 1970s and ’80s, after acquiring the brand in 2022. The campaign, featuring actor Ram Charan, aims to make the brand popular among millennials and Gen Z.
At close, the Sensex was up 169.62 points or 0.22 per cent at 76,499.63, and the Nifty was up 90.10 points or 0.39 per cent at 23,176.05.
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
At close, the Sensex was up 234.12 points or 0.30% at 78,199.11, and the Nifty was up 91.85 points or 0.39% at 23,707.90.
The domestic benchmark indices opened lower on Tuesday as selling was seen in IT, realty, auto, financial service, FMCG, media and private bank sectors on Nifty.