BSE Sensex and NSE Nifty both end 6-day losing streak

In tumultuous trade, Indian market indices managed to close in the green on Monday, halting a six-day slide. On Friday, the domestic indices recorded their longest weekly losing run since 2020.

In tumultuous trade, Indian market indices managed to close in the green on Monday, halting a six-day slide. On Friday, the domestic indices recorded their longest weekly losing run since 2020.

The 30-share BSE Sensex closed at 52,974, up 180 points or 0.34 percent, while the wider NSE Nifty advanced 60 points or 0.38 percent to 15,842. During today’s session, the Sensex fluctuated in a 796-point range.

Mid- and small-cap stocks closed strongly, with the Nifty Midcap 100 up 1.25 percent and the small-cap index up 1.12%.

The National Stock Exchange’s 15 sector gauges all finished in the green. The Nifty PSU Bank, Nifty Auto, and Nifty Financial Services sub-indices all outpaced the index, advancing 2.91 percent, 2.27 percent, and 1.32 percent, respectively.

Eicher Motors was the best gainer among stocks, rising 7.95 percent to 2,626. Among the winners were Apollo Hospitals, UPL, NTPC, and SBI.

On the BSE, the overall market breadth was positive, with 2,236 shares rising and 1,159 falling.

NTPC, Bajaj Finance, Maruti, SBI, HDFC, Kotak Mahindra Bank, M&M, IndusInd Bank, and L&T were among the top gainers on the 30-share BSE index.

Ambuja Cements and ACC both rose after Adani Group announced. That it will buy Holcim AG’s controlling ownership in both firms.

UltraTech Cement, Asian Paints, ITC, TCS, Dr. Reddy’s Laboratories, HCL Tech, Nestle India, Infosys, and Tech Mahindra, on the other hand, finished in the red.

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