Closing Bell: Sensex rises by 446 points, Nifty ends at 17,822, ONGC surges.
5paisa Research Team
29th October 2021 - 02:57 pm
Domestic benchmark indices ended higher in the second consecutive session on October 5, 2021, amid mixed global cues.
Domestic benchmark indices ended higher in the second consecutive session on October 5, 2021, amid mixed global cues. At the closing bell, the Sensex was up 445.56 points or 0.75% at 59,744.88, and the Nifty was up 131 points or 0.74% at 17,822.30. Around 2025 shares advanced, while 1184 shares declined in today's trading.
Among the top gainers today were, ONGC, IndusInd Bank, Coal India, IOC and Bharti Airtel. Top losers include Cipla, Hindalco, Shree Cements, Sun Pharma and Tata Consumer Products.
On the sectoral indices except for PSU bank, realty and pharma, all other sectoral indices ended in the green. Oil & gas, power and IT indices rose by 1-3%. BSE midcap and smallcap indices ended in the green. ONGC, NTPC, Power Grid Corporation of India, SBIN, ITC and Tata Steel were the toppers in terms of volumes.
A sharp buying interest in oil and gas, IT and a few financial shares pushed the market higher, however, weakness in pharmaceutical and PSU banking counters was witnessed.
The stocks of Reliance Industries and Titan have made fresh 52-week high prices on Tuesday.
Reliance Industries market cap neared Rs 17.5 lakh crore as shares hit a record high. Reliance Industries shares surged to a new record high on Tuesday, cementing the conglomerate's position as India's most valuable company.
According to analysts, hopes of strong September quarter earnings, which will start with IT giant TCS and continuation of dovish monetary policy from the Reserve Bank of India lifted investors' sentiment in today's trade.
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Tanushree Jaiswal
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