Closing Bell: Sensex up 550 points, Nifty at 17486.95


Published On: Tuesday, October 18, 2022 | By:

Closing Bell: Sensex up 550 points, Nifty at 17486.95

At Close, the Sensex was up 549.62 points or 0.94% at 58,960.60, and the Nifty was up 175.20 points or 1.01% at 17,487. The gains were largely led by bank, auto, IT, and FMCG stocks.SBI, Adani Ports, Eicher Motors, Nestle India, and SBI Life Insurance were among the top Nifty gainers. NTPC, HDFC, Bajaj Auto, Tech Mahindra, and Britannia Industries were the top losers. About 2007 shares have advanced, 1332 shares declined, and 119 shares are unchanged. In the broader markets, the Nifty MidCap and SmallCap indices gained 1.2 percent, and 0.75 percent, respectively. Among sectors, FMCG, auto, capital goods, power, PSU Bank, and realty are up 1-4 percent. Overall, the market breadth firmly favored buyers in the ratio of 2:1.

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