Mumbai: Indian benchmark equity indices ended Wednesday’s trading session in the positive territory. The NSE Nifty 50 advanced 206.90 points or 1.04% to settle at 20,096.60. NSE Nifty is settling above 20,000 for the first time after September 20, 2023. The BSE Sensex jumped 727.70 points or 1.10% to end at 66,901.91.
About 1828 shares advanced, 1706 shares declined, and 123 shares remained unchanged. Top gainers were Hero MotoCorp, Mahindra & Mahindra, HDFC Bank, Axis Bank, Wipro and Tata Motors. Top losers included ONGC, Nestle India, Eicher Motors, Nestle India, Adani Enterprises and Divis Lab.
Except realty, all other sectoral indices ended higher with auto, bank, Information Technology and oil & gas up 1% each. Bank Nifty index jumped 685.50 points or 1.56% to settle at 44,566.45. While, Realty, Media and Consumer Durables stocks shed. BSE Midcap index up 0.8% and smallcap index up 0.4%. The Indian Volatility Index (India VIX) closed down by 4.37 %.
Also Read: Gulf country wins bid to host Expo 2030
Earlier, the ndian equity markets created new history by entering the elite $4 trillion club. The combined market valuation of all listed companies on the Bombay Stock Exchange (BSE) has reached the $4-trillion e for the first time ever today. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade.
The market capitalisation of BSE-listed companies reached Rs 3,33,26,881.49 crore in morning trade. It translates to $4 trillion at the exchange rate of 83.31.
While the BSE benchmark Sensex has rallied 5,540.52 points or 9.10% so far this year, the market capitalisation (m-cap) of all listed firms at its platform have jumped about Rs 50.81 lakh crore. The 30-share benchmark hit its all-time peak of 67,927.23 on September 15 this year.
The other markets valued more than $4 trillion of m-cap include the US, China, Japan and Hong Kong.
Post Your Comments