Indian Stock Markets Conclude on a Bullish Note, Sensex and Nifty Register Significant Gains
The Indian stock markets concluded on a strong note today, with both the Sensex and Nifty experiencing a significant surge. The Sensex jumped 1,131 points or 1.53%, settling at 75,301, while the Nifty rose 325 points or 1.45%, ending at 22,834. This marks the second consecutive session of strong gains for the benchmark indices, driven primarily by the realty, automobiles, metals, and banking sectors.
The broad-based rally saw 2,715 stocks advance, 1,153 decline, and 117 remain unchanged. Investors’ sentiments remained optimistic, with most stocks trading in the green. The top gainers on the Nifty included ICICI Bank, Mahindra & Mahindra, and Shriram Finance. On the other hand, Bajaj Financial Services, Bharti Airtel, and Tech Mahindra were among the few stocks that closed in the red.
The sectoral indices also performed well, with all sectors closing in positive territory. The auto, capital goods, consumer durables, metal, power, realty, and media sectors recorded gains ranging from 2-3%. The Nifty Smallcap100 index rose 2.71%, while the Nifty Midcap100 index gained 2.10%. The broader markets also contributed to the rally, with small-cap and mid-cap stocks leading the way.
Despite the broad-based rally, the Sensex had touched an intra-day high of 75,386, with the Nifty trading between 22,599 and 22,845. The outcome marked a sturdy end to the week for Indian stock markets, setting the tone for the upcoming trading sessions. As the news unfolds, investors will be keen to see if this momentum will be sustained or if the market will face any challenges in the days ahead.
Original Source: https://www.newsonair.gov.in/domestic-market-ends-with-significant-gains/
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Publish Date: 2025-03-18 19:37:00
