Stock Market Today: Sensex Rises 272 Points; Nifty Around 21,600 Amid Volatility. Media, IT, Metal Lead
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The two key equity benchmarks, Sensex and Nifty, on Wednesday managed to close in the green amid high volatility. The S&P BSE Sensex ended 272 points higher at 71,658. It hit a day’s low of 71,111. On the other hand, the NSE Nifty 50 gained 74 points to end at 21,619. It bounced back from a low of 21,449.
On the 30-share Sensex platform, Reliance, HCL, ICICI Bank, Tata Motors, IndusInd Bank, JSW Steel were among the lead gainers. On the downside, NTPC, PowerGrid, UltraCemco, Axis Bank, Infosys, SBI emerged losers.
A total of 1,772 shares advanced, 1,495 declined, and 75 shares remain unchanged.
In the broader markets, the BSE Midcap and Smallcap ended 0.2 and 0.3 per cent, respectively.
Sectorally, media was the top performer with gain of 3.47 per cent, while FMCG was the major losers. Buying traction was witnessed in the metal and IT stocks as well. Oil & Gas index was also down 0.5 per cent.
In the previous session on Tuesday, the S&P BSE Sensex closed 31 points higher at 71,386, while the NSE Nifty50 settled at 21,545, up 32 points.