NEW DELHI: Equity benchmark Indices Sensex and Nifty starts flat on Wednesday. Sensex was trading at 73,154.08, as it rose by 58.86 from its previous close whereas Nifty was trading at 22,204.70 in early morning trade.
Sensex and Nifty, on Tuesday witnessed a strong recovery and recorded gains despite a slow start to trading session. Sensex rose by 305.09 points, closing at 73,095.22, while Nifty climbed 76.30 points, settling at 22,198.35.The positive momentum across the market, with 28 Nifty companies climbing and 22 declining.
Among Nifty, Tata Motors, TCS, Power Grid, IndusInd Bank, and Sun Pharma were the notable gainers, while Hero Motocorp, Bajaj Finance, SBI, Bajaj Finserv, and Divi’s Lab emerged as top losers.
Varun Aggarwal, founder and managing director, Profit Idea said, “The equity benchmark indices witnessed a slow start in the first half of the trading session, but sentiment improved as the day progressed, resulting in a 0.4 per cent gain by the closing bell. Tata Motors led the gains, buoyed by positive investor sentiment, followed by TCS, Power Grid, IndusInd Bank, and Sun Pharma. Other notable gainers included Bharti Airtel, Eicher Motors, JSW Steel, and HDFC Life. However, the broader BSE MidCap and SmallCap indices ended marginally lower after erasing initial gains”.
In terms of sectoral performance, the Nifty PSU Bank index witnessed a slight decline of 0.56%, contrasting with the 1% gain in the Nifty Realty index.
Sensex and Nifty, on Tuesday witnessed a strong recovery and recorded gains despite a slow start to trading session. Sensex rose by 305.09 points, closing at 73,095.22, while Nifty climbed 76.30 points, settling at 22,198.35.The positive momentum across the market, with 28 Nifty companies climbing and 22 declining.
Among Nifty, Tata Motors, TCS, Power Grid, IndusInd Bank, and Sun Pharma were the notable gainers, while Hero Motocorp, Bajaj Finance, SBI, Bajaj Finserv, and Divi’s Lab emerged as top losers.
Varun Aggarwal, founder and managing director, Profit Idea said, “The equity benchmark indices witnessed a slow start in the first half of the trading session, but sentiment improved as the day progressed, resulting in a 0.4 per cent gain by the closing bell. Tata Motors led the gains, buoyed by positive investor sentiment, followed by TCS, Power Grid, IndusInd Bank, and Sun Pharma. Other notable gainers included Bharti Airtel, Eicher Motors, JSW Steel, and HDFC Life. However, the broader BSE MidCap and SmallCap indices ended marginally lower after erasing initial gains”.
In terms of sectoral performance, the Nifty PSU Bank index witnessed a slight decline of 0.56%, contrasting with the 1% gain in the Nifty Realty index.