CLOSING BELL: Sensex zoomed 708 points to settle at 59,277 while Nifty soared 206 points or to end at 17,670
Published On: Friday, April 1, 2022 | By: Team KnowMyStock
Today (1st April 2022) investors started the first day of the new financial year (FY23) with across-the-board buying. The frontline S&P BSE Sensex zoomed 708 points, or 1.2 percent, to settle at 59,277. The Nifty50, meanwhile, soared 206 points or 1.2 percent to end at 17,670. The broader indices, too, advanced in line with large-caps with the BSE MidCap and SmallCap indices climbing 1.4 percent and 1.7 percent, respectively. NTPC, PowerGrid, IndusInd Bank, SBI, HDFC, M&M, HDFC Bank, Bajaj Finance, Wipro, Axis Bank, Maruti Suzuki, and ITC were the biggest Sensex gainers, surging in the range of 1.5 percent to 6 percent.
On the downside, only Tech M, Dr Reddy's Labs, Sun Pharma, Titan, and Infosys were the drags, down up to 0.7 per cent.
In the broader market space, Adani Power, BHEL, Bajaj Holdings, RBL Bank, SML Isuzu, Sahyadri Industries, Mrs Bectors Foods, and Spandana Sphoorty leaped between 5 per cent and 10 per cent.
Sectorally, the Nifty PSU Bank index jumped 4 per cent on the bourses with Union Bank, Bank of India, Canara Bank, and Bank of Maharashtra adding over 4 per cent each.
The Nifty Bank, Private Bank, Media, Financial Services, Realty, and FMCG indices, meanwhile, added between 1.5 per cent and 2 per cent.
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