4 Reasons Why Sensex Ended 508 Points Higher Today

Indian share markets witnessed positive trading activity throughout the day today and ended higher.

Benchmark indices were trading higher in today's session, tracking firm cues from global peers, even as India continued to report over 3 lakh COVID-19 cases.

At the closing bell, the BSE Sensex stood higher by 508 points (up 1.1%).

Meanwhile, the NSE Nifty closed higher by 144 points (up 1%).

Axis Bank and ICICI Bank were among the top gainers today.

Cipla and Britannia, on the other hand, were the top loser today.

The SGX Nifty was trading at 14,493, up by 153 points, at the time of writing.

The BSE Mid Cap index and BSE Small Cap index ended higher by 0.6% and 0.9%, respectively.

Sectoral indices ended on a positive note with stocks in the realty sector, metal sector and banking sector witnessed most of the buying interest.

Healthcare sector stocks, on the other hand, witnessed selling pressure.

Shares of SAIL and Rain Industries hit their 52-week highs today.

Asian stock markets ended on a mixed note today.

The Hang Seng and the Shanghai Composite ended the day down by 0.4% and 1%, respectively.

The Nikkei reversed early losses and ended up by 0.4% in today's session.

US stock futures are trading on a flat note today with the Dow Jones Futures trading up by 13 points.

The rupee is trading at 74.74 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.2% at Rs 47,420 per 10 grams.

Nifty and bitcoin have been very volatile in recent weeks. In the video, Brijesh explains why he is expecting the bearish momentum to end soon.

Bitcoin falling off the cliff on political drama is likely to take a pause in the zone of US$ 45,000 - US$ 46,000 as the support is placed with the Fibonacci time cycle.

Here are Top 4 Factors Why the Stock Market Were Up Today:

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

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