Sensex Rallies 515 Points; Reliance Industries, ICICI Bank And JSW Steel Among Top Nifty Gainers

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

Benchmark indices ended higher in today's session, with a major contribution from heavyweight Reliance Industries, ahead of GDP data release set later in the day today.

Meanwhile, the broader NSE Nifty index logged a fresh lifetime high in intra-day deals and topped the 15,550-mark.

At the closing bell, the BSE Sensex stood higher by 515 points (up 1%).

Meanwhile, the NSE Nifty closed higher by 147 points (up 1%).

Reliance Industries and ICICI Bank were among the top gainers today.

Mahindra & Mahindra and Adani Ports, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,574, up by 82 points, at the time of writing.

Both, the BSE MidCap index and the BSE SmallCap index ended up by 0.5%.

Sectoral indices ended on a positive note with stocks in the energy sector, metal sector, and telecom sector witnessing most of the buying interest.

IT and auto stocks, on the other hand, witnessed selling pressure.

Shares of PNB Housing Finance and Redington hit their respective 52-week highs today.

Asian stock markets ended on a mixed note today as investors continue to weigh inflation risks and the strength of the economic recovery.

The Hang Seng and the Shanghai Composite ended the day up by 0.1% and 0.4%, respectively.

The Nikkei ended down by 1% in today's session.

US stock futures are trading on a flat note today with the Dow Futures trading up by 22 points.

The rupee is trading at 72.61 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.5% at Rs 48,805 per 10 grams.

Bank of Baroda Reports Big Loss; Company to Raise Rs 50 Bn

In news from the banking sector, Bank of Baroda was among the top buzzing stocks 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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