Indian Stock Market Extends Rally for Third Day

1 Apr 2024 , 03:44 PM

On April 1, the market continued its upward trajectory for the third consecutive session, with the Nifty hovering around the 22,450 mark.

By the end of trading, the Sensex had surged by 363.20 points or 0.49% to reach 74,014.55, while the Nifty recorded a gain of 135.10 points or 0.61%, closing at 22,462.00. Among the listed stocks, 3015 witnessed an advance, 572 experienced a decline, while 112 remained unchanged.

Leading the gains on the Nifty were Tata Steel, JSW Steel, Adani Ports, Shriram Finance, and Divis Labs. Conversely, Eicher Motors, Titan Company, Bajaj Auto, LTIMindtree, and Nestle were among the top losers.

With the exception of the Auto sector, all other sectoral indices concluded the day in positive territory. The Metal, Power, Capital Goods, Healthcare, and Realty sectors saw gains ranging from 1-4%, while the Oil & Gas, Information Technology, and Banking sectors witnessed an increase of 0.5% each.

The BSE Midcap index rose by 1.6%, while the Smallcap index recorded a substantial gain of nearly 3%.