Stocks in the BSE 500 universe account for nearly 93 per cent of India's market capitalisation.
The Nifty ended the session at 10,062, gaining 0.83 per cent, or 83 points. The Sensex, on the other hand, rose 284 points, or 0.84 per cent, to end the session at 34,110
Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore
Scaling up of new deals and lowering costs are imperative for the up to 33 per cent gains in share prices to sustain
The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7%, to end at 33,303, while the Nifty rose 246 points, or 2.6%, to end at 9,826
A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%
The rally has been underpinned by sharp gains in banking stocks. The Bank Nifty index has rallied 9.9 per cent in the past two sessions
Sensex gains 996 points as banking stocks rally
The Sensex closed at 30,028, down 1,069 points, or 3.4%, and the Nifty fell 314 points, or 3.4%, to end at 8,823
For instance, auto sales were almost zero for the month of April, and companies are still limping back to produce vehicles
Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels
The Sensex gained 638 points or 2.03% to close at 32,009, while the Nifty rose 187 points or 2.03% to close at 9,384
Sectorally, banking stocks rallied the most. The Nifty PSU Bank index jumped over 6 per cent to 1,238.05 while Nifty Bank climbed over 4 per cent to 19,635
Markets couldn't hold the strength during the day as selling pressure was witnessed in heavy index
Some believe that the best monthly performance in 11 years was on a weak footing, as it was sans any fundamental base
Industry participants, however, say the run-up in market prices may not be enough to improve the sentiment of investors
The Sensex rose 606 points, or 1.9%, to end at 32,720 - the highest close since March 13
Thus far in CY20, 20 companies have announced buyback of their shares, of which, 14 firms have proposed to buyback from open market route
Exchange's BOLT Plus trading system has been modified to execute such trades, existing versions of the trading system will also support negative pricing
The Sensex ended 536 points or 1.7% lower at 31,327, while the Nifty dropped 1.7% or 160 points to close at 9,154 on Friday