MARKET UPDATE: Sensex traded around 49,950 levels, up 200 points, and Nifty holding above the 14,750-mark


Published On: Wednesday, February 24, 2021 | By:

MARKET UPDATE: Sensex traded around 49,950 levels, up 200 points, and  Nifty holding above the 14,750-mark

The benchmark indices in India traded higher in today's(24th February 2021) volatile early deals, with metal stocks continuing their rally. The S&P BSE Sensex traded around 49,950 levels, up 200 points, or 0.4 percent, and the broader Nifty50 index was holding above the 14,750-mark. ONGC, Bajaj Finance, and Axis Bank (all up over 1%) led the way for the Sensex gainers, while tech stocks TCS and Infosys slid 1 percent, each. Among other individual stocks, Tata Consumer Products surged 4 percent and hit a fresh lifetime high after it was announced that it will replace Gail India in the benchmark Nifty 50 index, effective from March 31. All the Nifty sectoral indices, barring the Nifty IT index-down 0.8 percent, traded with gains.

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