CLOSING BELL: Sensex ended with a gain of 224 points at 61,134 and the Nifty 50 settled 69 points higher at 18,191
Published On: Thursday, December 29, 2022 | By: Team KnowMyStock
After languishing in the negative zone for the major part of today's(29 December 2022) trading sessions, the key benchmark indices rebounded and ended near the highs of the day led by gains in select banks and metal shares. The S&P BSE Sensex slipped to a low of 60,479 in morning deals, mirroring the weak cues from global markets. However, renewed buying interest, coupled with short-covering owing to the monthly F&O expiry saw the BSE benchmark rally to a high of 61,211 in late deals – up 732 points from the day’s low. The Sensex finally ended with a gain of 224 points at 61,134. The NSE Nifty 50 surged to a high of 18,211, from a low of 17,993, and eventually settled 69 points higher at 18,191.
Among the Sensex 30 shares, Bharti Airtel and SBI rallied over 2 per cent each. Axis Bank, Tata Steel, ICICI Bank, IndusInd Bank and Sun Pharma were the other prominent gainers. On the other hand, Tata Motors and Titan slipped over a per cent each.
The broader markets, however, finished on a mixed note. The BSE Midcap index was down 0.1 per cent, while the Smallcap index added 0.3 per cent. The overall market breadth was marginally positive, with nearly 1,900 shares advancing versus nearly 1,600 declining stocks on the BSE.
Sector-wise, the BSE Bankex moved up nearly a per cent. The Metal and Energy indices were also up over a per cent each, while the Consumer Durables and Capital Goods indices declined around 0.5 per cent each.
In the broader markets, Shriram Finance tanked 5 per cent after additional 174 million shares were listed for trading on the bourses, pursuant to composite scheme of arrangement and amalgamation (scheme) involving various Shriram group companies.
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
