Closing Bell: Sensex ends with 468 points lead, Nifty climbs 150 points led by auto, FMCG stocks
Barring Nifty IT, remaining 14 Nifty sectoral indices ended in the green. The spotlight was on Nifty Auto and Nifty FMCG which were up 1.51 and 1.41 per cent respectively. The next major gainer was 0.98 per cent
Closing Bell: Domestic equity markets ended their two-day losing streak on Monday led by bank & financial services, FMCG and auto. Frontline indices S&P BSE Sensex and NSE Nifty extended gains after starting on a cautious note. The 30-stock Sensex ended at 61,806.19, up 468 points or 0.76 points while the broader market Nifty50 finished at 18,420.45, up 151.45 points or 0.57 per cent.
Banking gauge Nifty Bank settled 194.25 points or 0.45 per cent higher at 43,413.75. Strong action was seen in sugar and paper stocks as well.
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India VIX, a measure of volatility in Nifty was down over 3 per cent and settled at 13.60.
In the 50-stock Nifty50, 42 stocks advanced with Adani Ports, Adani Enterprises, Eicher Motors, Mahindra & Mahindra and Power Grid as top five gainers while TCS, ONGC, Tata Motors Infosys and Sun Pharmaceuticals as top losers.
Barring Nifty IT, remaining 14 Nifty sectoral indices ended in the green. The spotlight was on Nifty Auto and Nifty FMCG which were up 1.51 and 1.41 per cent respectively. The next major gainer was 0.98 per cent.
In the broader markets, PB Fintech (Policy Bazaar) and Indiamart were among the top gainers in the Nifty Mid Cap 100 while top losers were Delhivery and Tata Teleservices (Maharashtra). The 100-share index closed at 32,166.75, up 0.49 per cent.
Nifty Small Cap 100 closed at 10,062.40, up 0.45 per cent. In the 100-stock index, advances were 49, declines 50 while one stock remained unchanged. The top gainers were UTI AMC, Suzlon and Shree Renuka Sugars while top losers were Chemplast Sanmar, Welspun India and Deepak Fertilizers.
KFin Technologies IPO opened today. The issue was subscribed 0.08 times around 4 pm. Retail investors subscribed this issue 0.12 times.
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On BSE, out of 3,781 that traded today, 2,116 stocks advanced, 1,499 declined while 166 remained unchanged.
The rupee gained 6 paise to settle at 82.69 (provisional) against the US dollar on Monday as robust buying in the domestic equities and a weak American currency against key crosses overseas boosted investor sentiments. At the interbank forex market, the local unit opened weak at 82.80 against the greenback and witnessed an intra-day high of 82.57 and a low of 82.80. It finally ended at 82.69.
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