Market posted strong gains, most of Adani Group stocks recover
At close, the Sensex was up 1,961.32 points or 2.54% at 79,117.11, and the Nifty was up 557.35 points or 2.39% at 23,907.25.
At close, the Sensex was up 1,961.32 points or 2.54% at 79,117.11, and the Nifty was up 557.35 points or 2.39% at 23,907.25.
The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.
At close, the Sensex was down 820.97 points or 1.03% at 78,675.18, and the Nifty was down 257.80 points or 1.07% at 23,883.50.
At close, the Sensex was up 9.83 points or 0.01 per cent at 79,496.15, and the Nifty was down 6.90 points or 0.03 per cent at 24,141.30.
At close, the Sensex was down 55.47 points or 0.07 per cent at 79,486.32, and the Nifty was down 51.15 points or 0.21 per cent at 24,148.20 .Equities ignored positive global markets after the US Federal Reserve cut its benchmark lending rate by a quarter percentage point.
The 30-share BSE index ended 247.79 points or 0.50 per cent higher at 49,517.11. It had earlier touched an all-time high of 49,569.14 during the day.
IT stocks led the rally after TCS on Friday reported a 7.2 per cent jump in December quarter net to Rs 8,701 crore and projected double-digit revenue growth for FY22.
Gainers on the Sensex pack were led by Maruti, rising around 6 per cent, followed by Tech Mahindra, Infosys, UltraTech Cement, PowerGrid and NTPC.
The laggards on the Sensex pack were led by the Titan that slipped around 2 per cent, followed by Nestle India, HUL, HCL Tech, Infosys, ITC and Kotak Bank.
The broader NSE Nifty fell 53.25 points or 0.38 per cent to 14,146.25. It touched a record peak of 14,244.15 during the day.
