Stock market reports solid gains, extends winning run on last day of FY24
Sensex was up 655.04 points or 0.90% at 73,651.35, and the Nifty was up 203.20 points or 0.92% at 22,326.90.
Sensex was up 655.04 points or 0.90% at 73,651.35, and the Nifty was up 203.20 points or 0.92% at 22,326.90.
Sensex ended higher by 526.01 points or 0.73% at 72,996.31 level while the Nifty 50 closed at 22,123.65 level, up 118.95 points or 0.54%.
Sensex opened the day at 72,396.97 against the previous close of 72,831.94 and traded in the negative territory throughout the session. The Nifty 50 opened at 21,947.90 against the previous close of 22,096.75
The Industrial Products sector emerged as the top performer, welcoming 48 new entrepreneurs and witnessing a staggering 147 per cent increase in cumulative wealth.
The rupee depreciated 35 paise to settle at an all-time low of 83.48 against the US Dollar. Forex traders said foreign fund outflows also weighed on the local unit.
The S&P BSE Sensex ended 811.68 points or 2.09 per cent lower at 38,034.14 levels.
Other laggards on the BSE Sensex included Kotak Bank, Bajaj Finserv, Maruti, Titan, SBI, HUL, HDFC and Tata Steel.
The S&P BSE Sensex ended 323 points or 0.82 per cent lower at 38,979.85 while NSE Nifty fell 88.45 points or 0.76 per cent to 11,516.10.
On the broader front, S&P BSE MidCap and SmallCap ended with gains at 0.21 per cent and 0.44 per cent respectively.
On the broader front, the S&P BSE MidCap and SmallCap ended with gains at 1.5 per cent and 0.85 per cent respectively.