Sensex Up 600 Points on a Bumper Day

The S&P BSE Sensex gained 600 points to reach 61,032 and the Nifty50 gained 159 points to reach 17,930.  Today, benchmark indices ended nearly 1% higher after snapping a two-day losing streak. 

On Tuesday, the sentiment was lifted by positive global cues, lessening wholesale price index (WPI) inflation, and healthy buying in heavyweights. This led to an increase in equity indices. 

Sensex up 600 points on a bumper day

 

Adding muscle to the up move were ITC, Reliance Industries, ICICI Bank, Bajaj Finance, Infosys, Axis Bank, Wipro, M&M, and Bharti Airtel, all of which advanced between 1% and 3%.

Six out of 10 listed shares of Gautam Adani-led companies were locked in the 5% lower circuit on the BSE on Tuesday at 11:08 AM in an otherwise firm market, indicating that the pressure on the companies' shares continued. The S&P BSE Sensex, on the other hand, rose 0.57% to 60,774.

 

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