Banks Contribute To Fifth Day Of Gains For Sensex, Nifty
A stock broker trades in a trading room in Mumbai, India. (Photographer: Kuni Takahashi/Bloomberg)

Banks Contribute To Fifth Day Of Gains For Sensex, Nifty

Latest First
  • Oldest First

Closing Bell: Fifth Day Of Gains

Indian equity markets managed to eke out gains in a volatile session of trade. Benchmarks fluctuated between gains and losses through the session, but ended higher for the fifth straight day.

The S&P BSE Sensex ended 0.5% higher at 36,674 while the NSE Nifty 50 index ended within touching distance of the 10,800 mark at 10,799, up 0.33%. Both the indices gained for the fifth straight session, their longest winning streak in a month.

Among sectoral indices, it was private banks and Bajaj Finance that contributed to gains on the Nifty. The Nifty Bank index ended 1.9% higher, while Bajaj Finance was the top gainer on the Nifty 50, ending with gains of 7.7%.

Nifty I.T. was the top performer in today's trading session, ending with gains of 2.1%. The Nifty Media index too ended with gains of 1%. The top underperformer in trade today was the metal index, ending 1.7% lower. Realty, Pharma and PSU Banks were the other sectoral laggards.

Broader markets outperformed in today's trade with the Smallcap index ending with gains of 1% while the midcap index managed gains of 0.4%.

Market breadth ended in favour of the laggards. 958 stocks on the NSE ended with gains while 879 stocks posted gains.

Sectoral Indices At Close

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.