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.
On the other hand, PowerGrid, M&M, Tech Mahindra, Titan, NTPC, Bajaj Auto and UltraTech Cement were among the laggards.
On a weekly basis, Sensex and Nifty gained 1.47 per cent and 1.72 per cent respectively.
The gainers on the BSE charts were led by NTPC (rose nearly 7 per cent), ONGC, PowerGrid and Tata Steel.
Broader markets also ended with MidCap and SmallCap indices up by 0.6 per cent and 1.16 per cent respectively.
Tech Mahindra, HCL Tech, Bajaj Auto and Power Grid were among the laggards.