Record Close For Nifty, Sensex; Auto Index Ends Near Two-Year High
Closing Bell: A Record Close
Indian equity markets ended the first session of this truncated week on a strong note. Benchmark indices ended at a record high with gains witnessed across the board.
The S&P BSE Sensex ended 1.15% higher at 44,655 while the NSE Nifty 50 index ended 1% higher at 13,099. 37 out of the 50 index components ended with gains in today's session, led by GAIL, which rose over 8% - its biggest single-day gain since March this year.
Among sectoral indices, the realty index was the top performer in today's session, ending with gains of over 3.3% and at the highest level since March this year.
PSU Bank index too outperformed, ending with gains of 2.9%.
The Nifty I.T. and Nifty Pharma indices gained 1.8% and 1.7% respectively while Nifty Media and Nifty Metal index rose over 1.5% each in today's session.
Broader markets rose mostly in-line with the benchmarks. The Nifty Midcap index ended 1% higher, the highest since August 2018 while the Smallcap index gained 0.9% to end at the highest level since May 2019.
India Volatility Index was little changed in today's session, ending at 19.77.
1,254 stocks on the NSE ended with gains while 640 stocks posted losses.