Sensex Ends 226 Points Higher; Telecom And IT Stocks Witness Buying

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

Benchmark indices edged higher tracking firm global market cues and tracking gains in index heavyweights Reliance Industries, TCS, and HDFC Bank.

At the closing bell, the BSE Sensex stood higher by 226 points (up 0.4%).

Meanwhile, the NSE Nifty closed higher by 46 points (up 0.3%).

HCL Technologies and TCS were among the top gainers today.

Adani Ports and Grasim Industries, on the other hand, were among the top losers today.

The SGX Nifty was trading at 16,547, up by 127 points, at the time of writing.

The BSE Mid Cap index and the BSE Small-Cap index ended down by 0.9% and 1.6%, respectively.

Sectoral indices ended on a mixed note with stocks in the IT sector and telecom sector witnessing buying interest.

Auto and realty stocks, on the other hand, witnessed selling pressure.

Shares of Nestle India and Bajaj Finance hit their respective 52-week highs today.

Asian stock markets ended on a positive note today.

The Hang Seng and the Shanghai Composite ended the day up by 1.1% and 1.5%, respectively. The Nikkei ended up by 1.8% in today's session.

US stock futures are trading on a positive note today with the Dow Futures trading up by 146 points.

The rupee is trading at 74.21 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.1% at Rs 47,204 per 10 grams.

Speaking of stock markets, in his latest video, Co-head of Research Rahul Shah talks about the stellar performance of Tata group companies in the current bull market.

In the video, Rahul also compared the performance over a 5-year and a 10-year period.

In news from the pharma sector, Cadila Healthcare was among the top buzzing stocks today.

Cadila Healthcare shares surged 7% today after the company received the emergency use authorization (EUA) from the Drug Controller General of India (DCGI) for ZyCoV-D, the world's first Plasmid DNA Vaccine for COVID-19.

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