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Sensex holds 60K, Nifty above 17,700 mark
Neha Vashishth | 02:52 Min | April 25, 2023, 6:16 PM IST
From the Sensex pack, Bajaj Finance and Bajaj Finserv were the top gainers, rising over 2%. IndusInd Bank, Bharti Airtel, SBI, ICICI Bank, and Reliance also closed higher. On the other hand, HDFC Bank, HDFC, Tech Mahindra, Sun Pharma, and Axis Bank ended with cuts.
Transcript
Hi all, I am Neha Vashishth, and back again with another episode of ET Market Watch - your daily podcast for daily stock market updates. Let's begin ...
BSE and NSE closed marginally higher today amid a lack of any major triggers the indices were mainly led by ICICI bank and Reliance shares. Sensex rose 75 pts and maintained the 60K level while Nifty rose 26 pts and ended above the 17700 level.
Coming to gainers and losers
From the Sensex pack, Bajaj Finance and Bajaj Finserv were the top gainers, rising over 2%. IndusInd Bank, Bharti Airtel, SBI, ICICI Bank, and Reliance also closed higher. On the other hand, HDFC Bank, HDFC, Tech Mahindra, Sun Pharma, and Axis Bank ended with cuts.
Coming to shares in the news today
Shares of Ipca Labs closed over 10% lower after the company approved a share purchase agreement for the acquisition of a 33.38% stake in Unichem Laboratories. Rail Vikas Nigam stock closed over 19% higher, while Titagarh Wagons closed nearly 3% higher.
On the sectoral front, Nifty PSU Bank rose 1.31% and Nifty Metal gained 0.61%. Banks, auto, FMCG, metal, realty, and oil & gas sectors also closed higher. In the broader market, Nifty Midcap 100 dropped 0.09%, while Smallcap 100 advanced 0.51%.
Global Markets
Asian stocks were mixed as investors awaited US earnings reports and an update on economic growth. The Shanghai Composite Index lost 0.7% while the Nikkei 225 in Tokyo advanced less than 0.1%. The Hang Seng in Hong Kong sank 1.9%.
Coming to Currency and oil
The Indian rupee ended little changed and finished at 81.9125 per dollar. Crude Oil edged higher on optimism about fuel demand in China - Brent crude rose 10 cents to $82.83 a barrel, while US WTI crude gained 15 cents to $78.91.
That is all for today, I will see you tomorrow only on ET markets.
BSE and NSE closed marginally higher today amid a lack of any major triggers the indices were mainly led by ICICI bank and Reliance shares. Sensex rose 75 pts and maintained the 60K level while Nifty rose 26 pts and ended above the 17700 level.
Coming to gainers and losers
From the Sensex pack, Bajaj Finance and Bajaj Finserv were the top gainers, rising over 2%. IndusInd Bank, Bharti Airtel, SBI, ICICI Bank, and Reliance also closed higher. On the other hand, HDFC Bank, HDFC, Tech Mahindra, Sun Pharma, and Axis Bank ended with cuts.
Coming to shares in the news today
Shares of Ipca Labs closed over 10% lower after the company approved a share purchase agreement for the acquisition of a 33.38% stake in Unichem Laboratories. Rail Vikas Nigam stock closed over 19% higher, while Titagarh Wagons closed nearly 3% higher.
On the sectoral front, Nifty PSU Bank rose 1.31% and Nifty Metal gained 0.61%. Banks, auto, FMCG, metal, realty, and oil & gas sectors also closed higher. In the broader market, Nifty Midcap 100 dropped 0.09%, while Smallcap 100 advanced 0.51%.
Global Markets
Asian stocks were mixed as investors awaited US earnings reports and an update on economic growth. The Shanghai Composite Index lost 0.7% while the Nikkei 225 in Tokyo advanced less than 0.1%. The Hang Seng in Hong Kong sank 1.9%.
Coming to Currency and oil
The Indian rupee ended little changed and finished at 81.9125 per dollar. Crude Oil edged higher on optimism about fuel demand in China - Brent crude rose 10 cents to $82.83 a barrel, while US WTI crude gained 15 cents to $78.91.
That is all for today, I will see you tomorrow only on ET markets.
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