Stock Market Today: Nifty, Sensex Snap 2-Day Losing Run, High Volatility
By Malvika Gurung
Investing.com — Major indices on Dalal Street snapped a two-day losing streak and ended in green territory on Monday, tracking mixed global cues and high volatility in the domestic market.
Benchmark equity indices made a flat opening to the final week of FY23, later extending gains in the session on Monday. However, the last-hour selling led to benchmark indices losing their day’s gains while managing to end the session in the green.
Headlines closed 0.24% higher at 16,985.7 points and added 126.76 points or 0.22%.
The market fear barometer jumped 5.7% in Monday’s intraday and touched 16.09 levels, indicating high volatility, and ended the session 1.35% higher.
Sectoral indices under the Nifty umbrella ended on a mixed note, with gains led by and indices, while fell the most by 1.2%. gained marginally by 0.09%.
Market heavyweights Reliance (NS:), Maruti (NS:), Cipla (NS:), Divi’s Laboratories (NS:), Grasim (NS:), SBI (NS:) and Sun Pharmaceuticals (NS:) led the gains on the Nifty pack, while on the flip side, Adani Ports (NS:), Adani Enterprises (NS:), Power Grid (NS:), M&M (NS:), NTPC (NS:), SBI Life Insurance (NS:) and Tata Motors (NS:) exerted pressure.
At 4:40 pm, key US Futures traded 0.64% higher and gained 0.42%.
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