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.
1. Bharti Airtel and Sun Pharma were the gainers in the BSE index. 2. HDFC twins, ICICI Bank, Infy and RIL lead the market losers.
The stock markets reacted to the news and rallied to make some severe gains, thus leaving the benchmark S&P BSE Sensex to end at 32,588.72 up by 986 points.
At 12.21 pm S&P BSE Sensex fell by 408.43 points at 27,856.88 and Nifty50 was at 8,132.65 down by 121.15 points.
At 1:20 p.m., BSE Sensex slumped 1,038 points, or 3.5 per cent, to 28,780 levels, and the Nifty50 index hovered around 8,380 levels
At close, Sensex plunged over 1,709.58 points at 28,869.51. It had opened at 30,968.84 and touched an intra-day high of 31,101.77 earlier in the day.
