Market Wrap: Realty, pharma, financial services stocks lift D-Street; Sensex rises 410 points, Nifty above 24,800 – News Air Insight

Spread the love


Nifty and Sensex gave up on their early gains on Wednesday, but managed to close slightly higher, pushed by gains from realty, financial services (ex-banks) and pharmaceutical stocks.

The 50-component index Nifty 50 closed at 24,813.45, higher by 129.55 points or 0.52%, while the S&P BSE Sensex ended the day, rising by 410.19 points or 0.51% at 81,596.63.

Meanwhile, the banking gauge Nifty Bank settled at 55,075.10, gaining 198 points or 0.36%.

Market movers

The market breadth was skewed in favour of the gainers as 1,753 stocks ended in the green, 1,095 in the red, while 93 remained unchanged.

In the Nifty 50 pack, 37 stocks advanced, while 13 declined as BEL, Tata Steel and Cipla emerged as the top gainers. The top losers of the index were IndusInd Bank, JSW Steel and Kotak Mahindra Bank.


Among individual stocks, Tata Teleservices, Trident Ltd, and JK Tyre and Banco Products were among the top gainers, surging up to 20% in today’s session while the shares of Fineotex Chemical, Dixon Technologies, among others, ended up in the red.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *