Indian Indices Extend Winning Streak; Nifty Surpasses 20,250 Mark

1 Dec 2023 , 03:43 PM

Indian benchmark indices sustained their upward momentum on December 1, securing gains for the fourth consecutive session, with Nifty breaching the 20,250 level.

Closing figures revealed the Sensex surging by 492.75 points or 0.74% to reach 67,481.19, while the Nifty advanced 134.70 points or 0.67% to settle at 20,267.90. Among the Nifty gainers were NTPC, ITC, L&T, Britannia Industries, and Axis Bank, while notable losers included Hero MotoCorp, HDFC Life, Wipro, M&M, and SBI Life Insurance.

With the exception of the Auto sector, all other segmental indices concluded in positive territory, witnessing gains in Capital Goods, FMCG, Metal, Power, and Realty, each registering an increase of 1-1.5%. Additionally, the BSE Midcap index recorded a 1% rise, while the smallcap index notched up a 0.5% gain.