The BSE Sensex rebounded from day’s low to close in the green as favorable exit-poll resultsof state-election turned investors optimistic. Also, major global markets were also trading in the green while Asian stocks continued to trade negative on fear of global inflationary pressure due to ban on Russia’s oil exports.
Among sectors, except metals all other sectoral indices ended in the green with pharma, IT, FMCG, realty indices up 1-2% each. BSE midcap and smallcap indices rose over 1% each
The overall market breadth stood strong as 2,193 shares advanced while 1,069 shares declined on the BSE.
Indian Oil, Sun Pharma, Tata Consumers, Cipla and TCS were the major gainers on the Nifty50, whereas Hindalco, ONGC, Tata Syee;, JSW Steel and Britannia settled in the red.
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