Street Defies Global Mood, Ends Higher: Broader Indices Outperform, Metal Shines
By Malvika Gurung
Investing.com — The domestic market extended its positive run to the second consecutive session on Thursday as trading resumed after a day’s pause, bucking mixed global cues and oil surging to hover near three-week highs.
Indian equity benchmark indices ended in green on Thursday, after surging almost 1% in the session.
closed 0.33% higher and rose 156.63 points or 0.27%, led by strong gains across metal, realty and IT sectors, while FMCG and select pharma stocks dragged the market lower.
Thanks to back-to-back gains in two sessions, investors on Dalal Street grew wealthier by Rs 7.6 lakh crore, as the market capitalisation of all companies listed on BSE jumped to Rs 275.9 lakh crore.
Further, broader market indices outperformed their headline peers as zoomed 1.26% and jumped 1.24% in the day.
Barring and , all the sectoral indices under the Nifty umbrella closed the day higher, led by rallying 3.25%. rose 0.44%.
Industry heavyweights like Tata Steel (NS:), ICICI Bank (NS:) and Infosys (NS:), among others, helped the market rise in the session, rising up to 2.2%.
Tata Steel was the top gainer on Sensex while Bharti Airtel (NS:) tanked the most.
By Malvika Gurung
Investing.com — The domestic market extended its positive run to the second consecutive session on Thursday as trading resumed after a day’s pause, bucking mixed global cues and oil surging to hover near three-week highs.
Indian equity benchmark indices ended in green on Thursday, after surging almost 1% in the session.
closed 0.33% higher and rose 156.63 points or 0.27%, led by strong gains across metal, realty and IT sectors, while FMCG and select pharma stocks dragged the market lower.
Thanks to back-to-back gains in two sessions, investors on Dalal Street grew wealthier by Rs 7.6 lakh crore, as the market capitalisation of all companies listed on BSE jumped to Rs 275.9 lakh crore.
Further, broader market indices outperformed their headline peers as zoomed 1.26% and jumped 1.24% in the day.
Barring and , all the sectoral indices under the Nifty umbrella closed the day higher, led by rallying 3.25%. rose 0.44%.
Industry heavyweights like Tata Steel (NS:), ICICI Bank (NS:) and Infosys (NS:), among others, helped the market rise in the session, rising up to 2.2%.
Tata Steel was the top gainer on Sensex while Bharti Airtel (NS:) tanked the most.