Share Market: Sensex and Nifty gain more than half a percent
Mumbai : Both benchmark indices Sensex and Nifty closed over half a per cent higher today on all-round buying by investors at the local level, buoyed by a rally in global markets triggered by US authorities’ rescue action by bank First Republic Bank.
BSE’s 30-share sensitive index Sensex jumped 355.06 points, or 0.62 percent, to 57989.90 points and the National Stock Exchange (NSE) Nifty jumped 114.45 points, or 0.67 percent, to reach 17100.05 points across the psychological level of 17 thousand points. Similarly, BSE Midcap gained 0.29 percent to 24,112.01 points and Smallcap gained 0.69 percent to 27,167.74 points.
During this period, shares of a total of 3634 companies were traded on BSE, out of which 2047 were bought while 1454 were sold while 133 remained unchanged. Similarly, 37 companies advanced while the remaining 13 declined in the NSE. There was an uptrend in 16 groups on the BSE. During this period Realty 3.16, Metals 2.42, Commodities 1.37, CD 0.1, Energy .14, Financial Services 1.01, Industrials 1.01, IT 1.10, Telecom 0.48, Utilities 0.53, Banking 1.22, Capital Goods 0.92, Consumer Durables 0.48, Oil & Gas 0. 05, Power 0.42 and Tech group shares climbed 0.96 percent. The trend in foreign markets was positive. Britain’s FTSE 00.62, Germany’s DAX 0.38, Japan’s Nikkei 1.20, Hong Kong’s Hangseng 1.64 and China’s Shanghai Composite 0.73 percent were strong.