Closing Bell: Nifty reclaims 17800, Sensex soars by 673 points
On January 4, the 30-scrip BSE index rose by 672.7 points or 1.1% to end at 59,855.9, and the broader Nifty50 benchmark settled at 17,805.3, up by 179.6 points from its previous close.
Domestic benchmark indices closed higher for the third consecutive trading session on Tuesday supported by the power, oil & gas and banking stocks. During today's trading session, the BSE index surged more than 750 points to hit an intraday high of 59,937 from its previous close.
Aided by the ongoing bull run, the market capitalization of BSE-listed companies jumped by Rs 5.41 lakh crore to Rs 2,71,41,356.34 in just two trading sessions.
At the closing bell today, the Sensex was up 672.71 points or 1.14% at 59,855.93, and the Nifty was up 179.60 points or 1.02% at 17,805.30.
Among the top Nifty gainers today were NTPC, ONGC, SBI, Power Grid and Titan Company, whereas top losers of the day were Tata Motors, Coal India, Sun Pharma, Tata Consumer Products and Shree Cements.
On a sectoral basis, except Metal and Pharma, all other sectoral indices closed in the green with Bank, Oil & Gas and Power indices rising 1-2%. In the broader markets, BSE midcap index ended flat and smallcap index gained 0.39%.
Top trending stock of the day was NTPC which zoomed by 5.16% to Rs 132.50. Yes Bank too zoomed as much as 3.56% after it reported a growth in net advances and deposits in the December quarter. Overall the breadth was positive with 1,892 shares advancing, while 1,492 declined on BSE.
In other news, India's unemployment rate hit a four-month high in December, as per the data from the Centre for Monitoring Indian Economy (CMIE).
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