New Delhi, 23 March 2021 Tuesday
The Indian stock market rebounded today, as investors managed to close above the green mark on buying dhoom, dismissing fears of a rising Koro transition. The BSE Sensex closed 280.15 points higher at 50,051.44 while the Nifty closed 78.35 points higher at 14,814.75. The Sensex has crossed 30,000 today. Earlier on March 16, the index closed above 50,000.
Leading stock index Sensex rose more than 300 points during trading on the back of gains in major stocks like Reliance Industries, HDFC Bank and ICICI Bank amid trends in global markets.
Today, 17 out of 30 stocks included in the Sensex rose. Shares of Ultratech Cement were the biggest gainers at 2.6%. At the close of trade, the Sensex was up 0.56 per cent and the Nifty was up 0.53 per cent.
Today, investors bought the most banking sector stocks for the second day in a row. Shares of HDFC Bank, ICICI Bank, IndusInd Bank and Axis Bank rose 2%. The Bank Index closed at 38,462, up 1.5% at 572 points. In addition, auto and IT stocks also saw good buying.
About 140 stocks touched a 52-week high on the BSE, including ACC, UPL, Adani Enterprise, Adani Green Transmission, Ambuja Cement, Ken Finn Homes, Fortis Healthcare, Hester Biosciences.
The Sensex opened 104 points higher at 49,876.21 and the Nifty opened 32 points higher at 14,768.55 in today's trade.
3,173 stocks traded on the BSE today, 1,663 stocks closed with gains and 1,296 stocks fell. The upper circuit was recorded in 319 stocks. The total market cap of companies listed on the exchange rose to Rs 205.70 lakh crore from Rs 204.37 lakh crore yesterday.
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