Market on Wednesday | Nifty above 25,200, Sensex rises 540 points
Benchmark equity indices ended on a strong note, with Nifty 50 closing above 25,200 on buying across sectors and positive global sentiment after the US-Japan trade deal, along with heavyweights ICICI Bank and HDFC Bank’s shares hitting record highs.
At close, the Sensex was up 539.83 points or 0.66 percent at 82,726.64, and the Nifty was up 159 points or 0.63 percent at 25,219.90. Broader indices underperformed main indices with BSE Midcap rising 0.24 percent while smallcap index ended flat.
Tata Motors, Shriram Finance, Bharti Airtel, Apollo Hospitals, Bajaj Finance were among biggest gainers on the Nifty, while losers included Tata Consumer, HUL, Bharat Electronics, UltraTech Cement and Grasim Industries.
Among sectors, realty index slipped 2.6 percent, FMCG index fell 0.5 percent, while auto, metal, oil & gas, consumer durables, pharma, private bank, PSU Bank, telecom rose 0.5-1 percent.