Stock market extends winning streak, Nifty inches closer to 26,000
At the close, the Sensex was up 208.17 points, or 0.25 per cent, at 84,273.92, and the Nifty was up 67.85 points, or 0.26 per cent, at 25,935.15.
At the close, the Sensex was up 208.17 points, or 0.25 per cent, at 84,273.92, and the Nifty was up 67.85 points, or 0.26 per cent, at 25,935.15.
Sensex closed 34.09 points or 0.05% higher at 72,152, and the Nifty shut shop 1.10 points or 0.01% up at 21,930. About 1,927 shares advanced, 1,329 declined, and 75 remained unchanged.
In terms of sectors, Media, Realty, PSE, Energy and Auto gained the most.
The domestic market declined in line with the Asian stocks over concerns of rising cases of Delta variant of Covid-19 and its impact on the global economy.
The top gainers on the Sensex were UltraTech Cement, HDFC Bank, and Bajaj Finance, while the only losers were ICICI Bank, Titan Company, Kotak Mahindra Bank, and ITC.
Healthy buying was witnessed in the banking and finance stocks. A positive trend in the Asian markets also supported the domestic indices.
Shares of Divi's Laboratories also rose by 4.56 per cent to its one-year high of Rs 3,335 on the NSE.
The Index Maintenance Sub-Committee (IMSC) of NSE Indices decided to make the changes, based on the semi-annual review of indices.
HDFC, Axis Bank, PowerGrid, SBI, Bajaj Finserv and Bharti Airtel were among other top laggards that pulled down the Sensex from gaining.
Stock exchanges in Europe were trading with significant losses in early deals.
