Closing Bell: Sensex gains 1017 points, Nifty at @ 17094.35

Published On: Friday, September 30, 2022 | By:

Closing Bell: Sensex gains 1017 points, Nifty at @ 17094.35

At Close, the Sensex was up 1,016.96 points or 1.80% at 57,426.92, and the Nifty was up 276.20 points or 1.64% at 17,094.30, as the RBI delivered a 50-basis point repo rate hike, and underscored the resilience of the Indian economy in his statement. Stocks of Bharti Airtel, IndusInd Bank, Bajaj Finance, Titan Company, HDFC Bank, Kotak Mahindra Bank, Tata Steel, Maruti Suzuki, Axis Bank, and Reliance Industries were among the top index gainers. On the flip side, Asian Paints, Dr Reddy’s, ITC, Tech Mahindra, and Hindustan Unilever capped the index’s losses. Among sectors, the Nifty PSU Bank, and Private Bank indices advanced around 3 percent each, followed by the Nifty Metal, and Financial Services indices, up 2 percent each.BSE Midcap and Smallcap indices added 1 percent each.

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