Indian Markets Close Up on September 27, PSU Banks Lead Gains

27 Sep 2023 , 03:40 PM

The stock market indices experienced a volatile trading session on September 27, ultimately closing higher, with the Nifty surpassing the 19,700 mark.

At the closing bell, the Sensex gained 173.22 points or 0.26 percent, reaching 66,118.69, while the Nifty increased by 51.80 points or 0.26 percent, closing at 19,716.50. Market activity saw 1921 shares advancing, 1616 shares declining, and 143 shares remaining unchanged.

Notable gainers on the Nifty included Coal India, ITC, Larsen & Toubro, Cipla, and L&T Infotech, while Titan Company, Grasim Industries, Hero MotoCorp, SBI, and BPCL were among the losers.

Across sectors, the PSU Bank, capital goods, FMCG, realty, and healthcare indices recorded gains of 0.5-1 percent, while certain selling pressure was observed in the oil & gas sector.

The BSE midcap and smallcap indices both registered a 0.6 percent increase.