Markets Closing: Sensex ends up gaining nearly 500 points to 35,414; Nifty up with 128 points at 10,430 level.

The Indian stock markets ended up higher on Wednesday afternoon with Sensex at 35,314 level gaining 500 points or 1.44 percent with Nifty standing at 10,430 level with 128 points or 1.24 percent during the trading session.

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The Indian stock markets ended up higher on Wednesday afternoon with Sensex at 35,314 level gaining 500 points or 1.44 percent with Nifty standing higher at 10,430 level with a increase in 128 points or 1.24 percent during the trading session.

Banking and Financial sectors led the market surge to a higher level after a positive bias opening on Wednesday morning.

Nifty Bank slipped red earlier in the morning after a green opening of the Indian indices and later jumping above 600 points to 21,978 level.

Key Highlights as of 1st July:

  1. Regaining the losses of previous couple of sessions- Nifty above 10,400 level at closing bell , Sensex jumps by 500 points.
  2. Banking sectors led the market to a positive trading session – Nifty Bank above 600 points.
  3. Axis Bank among the top gainers – Share price closing at 433.25 gaining 26 points or 6.5%; HDFC at 1,835.15 at market closing.
  4. Closing Bell – Nearly 1486 stocks advanced and 1251 stocks declined whereas 120 remain unchanged.
  5. Bharti Airtel rises after the US based company look forward to buy 25% stake in its data centre business.
  6. ONGC and Vodafone Idea fall 4% & 5% respectively after the quarter 4 results for the year.
  7. Auto stocks gained in the earlier trading session on Wednesday morning – Escorts share price hit the 52-week high mark.
  8. Pharma stock dips on 1st July; Cipla and Sun Pharma among the top losers with Cipla falling by 13 points and Sun Pharma above 1 percent.
  9. Bajaj Finserv and Bharat Forge were the stocks in action today gaining the most in the last 10 days.
  10. Nifty Small and Midcap above 0.5% each at cloing bell.

 

 

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