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Stock Market Highlights: Sensex, Nifty Gainers And Losers — March 27

Here's how the markets fared on Wednesday.

Nayanika Basu Roy

The BSE building on Dalal Street. (Source: Reuters)

Nifty, Sensex Rebound

The NSE Nifty 50 settled 143.25 points, or 0.65%, higher at 22,147.95, and S&P BSE Sensex gained 526.02 points, or 0.73%, to close at 72,996.31.

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NSE Building in Mumbai (Photo: Reuters)

NSE Building in Mumbai (Photo: Reuters)

The Gainers

Shares of Bajaj Finance Ltd., HDFC Bank Ltd., Maruti Suzuki India Ltd., Larsen & Toubro Ltd. and Reliance Industries Ltd. positively contributed to the Nifty.

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(Source: Unsplash)

(Source: Unsplash)

The Laggards

HCL Technologies Ltd., Infosys Ltd., State Bank of India, Tata Motors Ltd. and Tata Consultancy Services Ltd. weighed on the index.

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(Image source: Freepik)

(Image source: Freepik)

Market Wrap

Market breadth was skewed in the favour of the sellers. Around 2,308 stocks declined, around 1,531 stocks advanced, and 110 remained unchanged on BSE.

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(Photo: Freepik)

(Photo: Freepik)

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Trade Setup For Aug. 28: Nifty Sees Key Support At 24,670

  • chevron-double-right Nifty 50 fell below its 50-day EMA, indicating strong intraday selling pressure
  • chevron-double-right Nifty 50 closed 1.02% lower at 24,712.05 with support at 24,670 and 24,500 levels
  • chevron-double-right Bank Nifty dropped below 55,000, closing lower for the fourth consecutive session
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