The benchmark domestic equity indices today ended over half per cent up fuelled by a strong rally in IT and Auto sectors, following positive global cues and foreign fund inflows. The 30-share index at the Bombay Stock Exchange, Sensex, climbed 521 points to close at 80,116. The National Stock Exchange Nifty-50 gained 162 points to settle at 24,329. Both the indices rose for seventh straight session, ending at their highest closing level since mid December 2024.
Meanwhile, the broader market indices at the BSE also ended in positive territory. The Mid-Cap index increased over 0.9 percent and the Small-Cap index added 0.26 per cent.
In the Sensex index, 24 out of 30 companies registered uptick. Among the top gainers, HCL Tech soared over 7.7 percent, Tech Mahindra jumped over 4.6 percent, and Tata Motors advanced almost 4.6 percent. In the top laggards, HDFC Bank slid almost two percent, Kotak Bank slipped 1.8 percent, and SBI Bank dropped over 1.1 percent.
In sectoral indices at the BSE, 18 out of 21 sectors logged gains. Among the top gainers, Focused IT climbed over 4.2 percent, Information Technology surged four percent and Teck increased 3.1 percent. In the top laggards, Bankex as well as Consumer Durables, both fell over 0.9 percent each, and Financial Services dropped over 0.4 percent.
The overall market breadth at the BSE was positive as shares of 2,078 companies advanced, 1,873 declined, and shares of 155 companies remained unchanged. At the National Stock Exchange, 50 companies hit their 52-week high, while 7 companies hit their 52-week low.
Site Admin | April 23, 2025 5:41 PM
Domestic markets end with modest gains due to rise in IT & Auto sectors
