The market extended the previous week rally, rising more than 1 percent on March 24 with Nifty hitting 23,700, intraday, amid buying across the sectors and a possible flexibility in President Trump’s tariff plan also added the fuel.
BSE Sensex and Nifty50 indices crossed 78,000 and 23,700 respectively for the first time since February 6.
Market opened strong with Nifty above 23,500, extending gains on six consecutive session and witnessed more buying as the day progress but final hour selling erased some of the intraday gains.
At close, the Sensex was up 1,078.87 points or 1.4 percent at 77,984.38, and the Nifty was up 307.95 points or 1.32 percent at 23,658.35.
All the sectoral indices ended in the green with bank, capital goods, IT, oil & gas, power, realty, PSU Bank rose 1-3 percent.
BSE Midcap and Smallcap indices added more than 1 percent each.
Biggest Nifty gainers included Kotak Mahindra Bank, NTPC, SBI, Power Grid Corp, Tech Mahindra, while losers were M&M, Titan Company, IndusInd Bank, Trent, Bharti Airtel.
90 stocks touched 52-week high on the BSE, including Kotak Mahindra Bank, Chambal Fertilisers, Shree Cements, Bajaj Finance, ICICI Bank, AAVAS Financiers, Narayana Hrudayalaya, Coromandel International, JSW Steel, AstraZeneca Pharma, Welspun Corp, Navin Fluorine, SRF, among others.
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