Indices end on a positive note

28 Aug 2023 , 03:48 PM

On August 28, the benchmark indices concluded the trading session on a positive note, with the Nifty hovering around the 19,300 mark.

By the close of trading, the Sensex exhibited a gain of 110.09 points, equivalent to 0.17%, reaching a value of 64,996.60. Meanwhile, the Nifty recorded an increase of 40.20 points, translating to a growth of 0.21%, settling at 19,306. The market dynamics showcased around 1992 shares advancing, 1635 shares declining, and 156 shares remaining unchanged.

Notable performers among the Nifty stocks included Power Grid Corporation, Larsen and Toubro, M&M, Cipla, and BPCL, contributing to gains. Conversely, the list of losers featured Reliance Industries, Hindalco Industries, Adani Enterprises, Nestle India, and HCL Technologies.

With the exception of the FMCG (Fast-Moving Consumer Goods) and Information Technology sectors, all other sectoral indices concluded the day in positive territory, with the realty and capital goods sectors experiencing a notable upswing of 1% each.

Both the BSE midcap and smallcap indices also saw gains of 0.5% each, reflecting a positive sentiment across a range of market segments.