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.
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.
On the BSE Sensex, 13 of the 30 stocks ended in the red with TCS, Tech Mahindra, Maruti Suzuki India, Reliance Industries, and Titan were the top drags for the day. JSW Steel, Tata Steel, Power Grid Corp., Kotak Mahindra Bank, and UltraTech Cement, were the top gainers.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
Sensex closed with a loss of 455 points, or 0.62%, at 72,488.99 while the Nifty 50 ended the day at 21,995.85, down 152 points, or 0.69%.
The losses were weighed on investors' risk appetite who will also closely track March quarter results at home.
Other laggards on the Sensex included Tata Steel, IndusInd Bank, NTPC, PowerGrid, ONGC and TCS.
The broader market followed the equity indices and slipped over a half per cent. The MidCap dropped 1.7 per cent while the SmallCap ended 1.6 per cent down.
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.