Markets end the day in green

29 Apr 2024 , 03:40 PM

Indian benchmark indices closed their Monday’s session on a positive note with benchmark indices surging over 1%.  Markets remained in  positive sentiment throughout the session.

BSE Sensex closed at 74,635, higher by 905 points. NSE Nifty ended with a gain of 215 points at 22,635.

Today, the Nifty Bank index rose by 1,200 points, setting a new lifetime high. Except for IDFC First Bank and Bandhan Bank, the remaining ten Nifty Bank stocks were trading higher.

On the sectoral front, Nifty Bank and Financial Services took the lead, gaining over 2% in today’s session. The upside in Financial and Banking stocks was mainly on account of Q4 earnings releases. Nifty Auto, and IT closed on a flat note. All other sectoral indices ended the session in green territory.

Nifty Midcap and Small cap stocks ended the session with modest gains.

In today’s session, ICICI Bank closed as the top gainer with a gain of about 4%. IndusInd Bank and SBI closed with an uptick of about 3%. Ultratech Cement and Axis Bank followed the gains.

On the flipside were HCL Technologies, Apollo Hospital with a decline of about 5%. Bajaj Auto, HDFC Life, and Hero MotoCorp closed 3% lower.

Most active stocks in terms of value in today’s session were ICICI Bank, HDFC Bank, SBI, Kotak Bank, and Axis Bank.

In today’s session, volatility remained high as India’s VIX surged about 12%.

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