Market wraps up, notching 7th day of gains
The stock market on Wednesday wrapped up the session on a high note, notching its seventh straight day of gains. Robust buying was seen in IT, auto, and pharma stocks.
The stock market on Wednesday wrapped up the session on a high note, notching its seventh straight day of gains. Robust buying was seen in IT, auto, and pharma stocks.
There was a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers.
At close, the Sensex was up 309.40 points or 0.40% at 77,044.29, and the Nifty was up 108.65 points or 0.47% at 23,437.20.
In a rank-wise analysis, Reliance Industries remained the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, Bajaj Finance and ITC.
Stock Market staged a strong rebound, snapping a three-day losing streak with Nifty 50 closing above 22,500 as across-the-board buying revived sentiment, in-line with the rally across Asian markets and Europe.
At close, the Sensex was up 1,078.87 points or 1.4% at 77,984.38, and the Nifty was up 307.95 points or 1.32% at 23,658.35.
At close, the Sensex was up 899.01 points or 1.19% at 76,348.06, and the Nifty was up 283.05 points or 1.24% at 23,190.65.
Indian Stock Market ended lower in a volatile session on Thursday with Nifty slipping below 22,400. The development comes despite positive cues from industrial production and retail inflation data.
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
With today's fall, the Nifty50 closed in the negative zone for the tenth session in a row, while Sensex ended lower for third day.