Stock Market Highlights: Nifty, Sensex Retreat From Day's Highs But Settle In Green
The benchmark equity indices ended with gains on Tuesday, led by share prices of Jio Financial Services Ltd. and Adani Ports and Special Economic Zone Ltd.
The NSE Nifty 50 ended 72.45 points, or 0.29% higher at 25,044.35, while the BSE Sensex closed 158.32 points, or 0.19% up at 82,055.11. During the day, the Nifty rose 1.38% to trade at 25,317.70 and the Sensex rose 1.37% to 83,018.16.
Shares of Jio Financial Services Ltd., Shriram Finance Ltd., Grasim Industries Ltd., Kotak Mahindra Bank Ltd. and Adani Ports were the top gainers.
While those of Oil And Natural Gas Corp., IndusInd Bank Ltd., Trent Ltd. and Power Grid Corp. were among the biggest laggards.
In terms of points contribution, HDFC Bank Ltd. and Kotak Mahindra Bank Ltd. were among stocks that led the gains in the index.
ONGC and Reliance Industries Ltd. dragged the index the most.
On NSE, 12 out of 15 sectors ended in green, with Nifty PSU Bank, Metal and Finance gaining the most.
The broader market indices outperformed as the BSE MidCap and SmallCap both advanced 0.54% and 0.71%, respectively.
The market breadth was skewed in the favour of buyers as 1,270 stocks declined, 2,676 advanced and 167 remained unchanged on the BSE
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