Stock Market Today: Nifty Closes Above 22,500, Sensex Rises Over 600 Points; RIL, Axis Bank Lead Gains

Large Caps Add 6.7 lakh crore in market cap today.

Top Contributors in Market Cap Change:

• Reliance Industries: Rs 64,549 crore.

• Bharti Airtel: Rs 28,279 crore.

Mid-Caps Add 2.49 lakh crore in market cap today.

Top Contributors In Market Cap Change:

• Lloyds Metals: Rs 6,953 crore.

• Hitachi Energy: Rs 6,042 crore.

Small Caps Add 1.74 lakh crore in market cap today.

Top Contributors In Market Cap Change:

• Ventive Hospitality: Rs 2,613 crore.

• Brainbees: Rs 2,580 crore.

• Nifty and Sensex end higher on Thursday for the second consecutive day.

• Intraday, both Nifty and Sensex had risen nearly 1%.

• Nifty ends 0.93% or 207.40 points up at 22,544.70.

• Sensex ends 0.83% or 609.86 points lower at 74,340.09.

• Broader indices also closed higher. Nifty Midcap 150 ended 0.55% higher; Nifty Smallcap 250 closed 1.49% higher.

• Most sectoral indices rose with Nifty oil and gas and Nifty metal in the lead. Nifty realty was the only sector in red.

• The market breadth was skewed in the favour of buyers, as 1,009 stocks declined, 2,987 advanced and 107 remained unchanged on the BSE.

• Reliance Industries, Axis Bank, TCS, NTPC, Asian Paints emerged as the top gainers for the day.

• On the other hand, Tech Mahindra, Kotak Mahindra Bank, Trent, Bharat Electronics and HDFC Life were the worst performers of the Nifty 50 index.

The shares of RailTel Corp rose nearly 4% on Thursday after it received multiple orders worth Rs 281.09 crore. The Odisha Government has placed an order for Rs 262 crore, while the Border Security Force has placed an order worth Rs 19.09 crore.

Rajneet Singh Kohli has resigned as the CEO and executive director of Britannia Industries, effective March 14.

Varun Beverages Ltd. had 19.97 lakh shares or 0.06% equity changed hands in four large trades, as per data on Cogencis terminal.

The shares moved at the price range of Rs 480.9–493 apiece.