RIL, pvt banks take Sensex 558 pts up and Nifty tops 14,650
Published On: Tuesday, April 27, 2021 | By: Team KnowMyStock
Hefty buying in industry heavyweights such as Reliance Industries, HDFC Bank, ICICI Bank, L&T, SBI, and TCS, coupled with a decline in fresh Covid-19 cases in the country, enthralled investors on Dalal Street today(27th April 2021). Helped by the across-the-board buying visible at the bourses as bargain hunters returned to Dalal Street, the benchmark indices climb over 1 percent on Tuesday. On the BSE, the 30-share Sensex settled at 48,944 levels, up 558 points while the broader Nifty50 closed at 14,653 levels, up 168 points on the NSE. Hindalco, L&T, Tata Steel, Divis Labs, Reliance Industries, Bajaj Finance, and SBI were the top gainers on the 50-share pack, up between 3.7 percent and 5 percent. HDFC Life, SBI Life, Kotak Mahindra Bank, Maruti Suzuki, and Nestle India declined up to 3.6 percent to end as top laggards. All the key sectoral indices settled the session in the green with the Nifty Metal index ruling 2.7 percent up. This was followed by the Nifty PSU Bank inde
The overall market breadth remained firmly in the favour of the bulls as broader markets too participated in the rally. The S&P BSE MidCap index added 1 per cent today while the SmallCap index surged 1.5 per cent.
Aditya Birla Capital, Future Retail, Sun TV, BHEL, Vimta Labs, Alkyl Amines, and Hikal were some of the names that ruled the charts in the mid-and small-cap space.
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