Sensex ends 390 pts higher driven by HDFC twins, metals, Nifty above 18,150
Closing Bell: Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent
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CLOSING BELL
Equity markets extended gains to a second session on Wednesday supported by positive global peers and selected financial and metal stocks.
Equity markets extended gains to a second session on Wednesday supported by positive global peers and selected financial and metal stocks.
The BSE Sensex dipped to a low of 60,569 during the day but firmed up to close 390 points higher at 61,046. The top winners that drove maximum gains on the index were Tata Steel, L&T, Wipro, HDFC twins and Bharti Airtel, which ended 1.6-2 per cent higher.
The NSE Nifty ended 112 points higher at 18,165, led by Hindalco, which gained 3 per cent, while Tata Motors, Ultratech Cement, HDFC Life, Adani Enterprises and IndusInd Bank restrained gains on the index and dropped up to 1.6 per cent.
The BSE Midcap and Smallcap indices ended with slimmer gains of 0.5 per cent and 0.2 per cent, respectively. Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent.
Among stocks, Adani Enterprises closed 1.5 per cent down. The company has filed papers for its Rs 20,000-cr FPO, which will remain open between Jan 27-31. As per the RHP, it will use Rs 10,900 crore of the total proceeds towards capex in airport and green businesses.
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Topics : MARKET WRAP Markets Q3 results Markets Sensex Nifty stock market trading stock market investing Market news S&P BSE Sensex Nifty 50 Nifty50 corporate earnings SGX Nifty Wall Street Global Markets Indian markets Indian stock market Indian stock markets ITC Tata Metaliks IndusInd Bank Adani Transmission Reliance Industries Hindustan Petroleum Corporation Oil Prices Crude Oil Price Coforge
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First Published: Jan 18 2023 | 8:05 AM IST
