Markets close in a positive sentiment; Nifty above 21,400

26 Dec 2023 , 03:43 PM

Indian benchmark indices closed with gains in today’s session. BSE Sensex ended 230 points higher at 71,337 points. NSE Nifty concluded the session with a gain of 105 points at 21,455.

The December global rally, driven by the global US markets, lifted most markets considerably, and India was lucky to benefit from the state election outcomes as well. The global market structure remains positive, with US inflation, bond rates, and the dollar index all going lower.

On the sectoral front, Nifty IT, Media, and PSU Bank stocks closed in a lackluster sentiment. All other major sectoral indices ended in a positive mood.

Divis Lab, Hero MotoCorp, Adani Enterprises, NTPC, and ONGC led the gainers’ chart in today’s trade. Bajaj Finance, Bajaj Finserv, Infosys, TCS, and Tata Motors emerged as the top laggards. 

HDFC Bank, ICICI Bank, Wipro, Infosys, and Reliance Industries were the most active stocks in today’s trade. 

A total of 166 stocks touched new 52-week highs and 13 stocks plunged to new 52-week lows.

Individual stock Inox Wind surged more than 3% on the back of order wins, while shares of OMCs HPCL, BPCL, and OIL were also up when Red Sea shipments resumed.

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