Tata Steel was the top gainer in the Sensex 30 pack, followed by Titan. On the other hand, IndusInd Bank slipped nearly 2 per cent, followed by ICICI Bank and PowerGrid Corporation
Benchmark indices snapped their 4-day losing run as gains in banking stocks outweighed losses in almost every other sector. Besides, supportive global cues also bolstered sentiment on Street
Financial shares came to the rescue of the benchmark indices for the second straight day, as a selloff in select index heavyweights exerted pressure on the indices
The Nifty50 too oscillated between 18,384 and 18,048 during the day before signing-off at 18,178, down 89 points
Bearing hammering continued on the bourses for a second straight day on Wednesday as investors booked profit at record high levels
IRCTC dropped 16 per cent its record high level of Rs 6,393, touched earlier today, to end nearly 9 per cent lower relative to its previous close
The market breadth also favoured sellers amid profit-booking in the broader markets. The BSE MidCap and SmallCap indices ended nearly 2 per cent down each
Extending their winning streak into seventh straight session, benchmark indices closed at record closing peaks for the sixth day in a row amid stellar buying in PSU bank, metals, and IT stocks
The domestic benchmark indices extended the record rally in the sixth consecutive session with Sensex and Nifty ending at fresh record closing high
The BSE m-cap stood at Rs 272.8 trillion by close
The BSE Sensex rose 453 points to end at 60,737 after touching a new high of 60,836. The Nifty50, meanwhile, was up 170 points at 18,161
Sectorally, all but the Nifty Realty index ended the session in the green led by the Nifty Auto index (up 3.4 per cent).
The domestic indices managed to end on a positive note while global markets traded with cuts in fears of rising inflation due to soaring commodity prices and energy crunch
Titan (up 6 per cent), Bajaj Finserv, Bajaj Auto, Divis Labs, SBI, Hindalco, and Hero MotoCorp were the top gainers on the 50-pack index
The Indian benchmark indices erased intraday gains after hitting fresh lifetime highs, but closed at fresh record levels on Monday
The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels
No hawkish comments by the RBI at its bi-monthly policy meeting and assurance to support growth bolstered the stock market bulls on Friday, thus ending the eventful week on a firm footing
The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment
BSE Sensex closed the shop 488 points higher at 59,678. In the 30-pack index, 10 stocks closed in the red and 20 in the green
In the broader market, the BSE MidCap and SmallCap indices added 1.7 per cent and 1.4 per cent, respectively