Sensex ends 246 pts higher, Nifty settles above 16300; ICICI Bank, Axis Bank lead gains
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Benchmark indices ended higher. The S&P BSE Sensex surged 246 points higher to close at 54,768, while the NSE Nifty 50 reclaimed 16,300-mark to end at 16,341.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices managed to extend gains in a choppy session amid gains in PSU and select private banks, financial services, and select heavyweight stocks. The S&P BSE Sensex surged 246 points higher to close at 54,768, while the NSE Nifty 50 reclaimed 16,300-mark to end at 16,341. Axis Bank, IndusInd Bank, M&M, Tata Steel, Ultratech Cement, Bajaj Finserv, Bharti Airtel, SBI, Coal India, Eicher Motors, and ICICI Bank were the top gainers, up between 1–2.3 per cent. On the flipside, ONGC, Nestle India, HDFC Life, Sun Pharma, Tata Consumer, Cipla, Hero MotoCorp, and SBI Life were the laggards. The broader markets, however, outperformed the frontline indices. The BSE MidCap and Smallcap indicies settled up to 0.8 per cent up. Meanwhile, the rupee breached the 80-mark against the dollar.