Closing Bell: Sensex up 378 points, Nifty at 17871.70


Published On: Wednesday, February 8, 2023 | By:

Closing Bell: Sensex up 378 points, Nifty at 17871.70

At Close, Sensex ends 377.75 points higher at 60,663.79. Nifty closes 150.20 points higher at 17,871.70 after RBI MPC raised the key interest rate by 25 basis points, taking the repo rate to 6.5%. The top gainers of the Adani Enterprises, Adani Ports, HDFC Life, SBI Life, and Bajaj Finance while the losers were Larsen & Toubro, Eicher Motors, Hero Motocorp, Axis Bank, and Hindustan Unilever Ltd. About 1954 shares advanced, 1451 shares declined, and 136 shares were unchanged. Sectorally, the Nifty Metal index jumped 4 percent, followed by the Nifty IT index (1.5 percent), and the Nifty Pharma index (1.43 percent). The Nifty FMCG and Realty indices dipped a wee bit in red. Meanwhile, in the broader markets, the BSE MidCap index added 1 percent, and the BSE SmallCap index gained 0.76 percent.

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