Stock market extends winning steak; PSU bank at new high
Sensex closed 487 points, or 0.66%, higher at 74,339.44 while the Nifty closed the day with a gain of 168 points, or 0.75%, at 22,570.35 on the monthly F&O expiry day.
Ahead of Gross Domestic Product (GDP) numbers to be announced later during the day, Indian equity markets closed Tuesday’s trading session with in the negative zone. The Sensex at the Bombay Stock Exchange (BSE) ended 70 points down at 28,743 and the Nifty at the National Stock Exchange (NSE) closed 17 points lower at 8,880.
However broader markets closed in the positive zone. BSE Midcap and Smallcap indices jumped 0.1 per cent and 0.6 per cent respectively.
Among the BSE sectoral indices, Telecom index jumped the most, up 1.7 per cent, while Oil & Gas index became the top loser, down 1.3 per cent.
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On Monday, the Sensex snapped six-session winning streak and closed 80 points down at 28,813. The broader Nifty closed 43 points lower at 8,897.
Top gainers in the Sensex-30 pack: Bharti Airtel (up 3.5 per cent), Asian Paints (up 2.4 per cent), Adani Ports (up 1.7 per cent), M&M (up 1.5 per cent) and Sun Pharma (up 0.6 per cent).
Top losers in the Sensex-30 pack: Coal India (down 2.5 per cent), Bajaj Auto (down 1.6 per cent), NTPC (down 1.2 per cent), Hero Motocorp (down 1.2 per cent), and TCS (down 1.1 per cent).
Meanwhile, the Rupee was trading five paise down at 66.75 against the US Dollar.
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