Stock Market Today: Nifty, Sensex End At Over Two-Week High For Second Session; Axis Bank Share Price Leads

• Rupee strengthened by 9 paise to close at 85.68 against the US dollar.

• It closed at 85.77 on Tuesday.

Source: Bloomberg

• The NSE Nifty 50 and BSE Sensex rose for third session in a row

• The Nifty 50 and Sensex ended at over two-week high for second session

• Axis Bank Ltd., HDFC Bank Ltd., and Bharti Airtel Ltd. were top contributors.

• Infosys Ltd., Larsen & Toubro Ltd., and Maruti Suzuki India Ltd. dragged the Nifty 50 the most.

• The NSE Nifty PSU Bank sector was the top performer. It ended 2.37% higher at 6,417.05.

• The NSE Nifty Auto sector was the top loser. It ended 0.43% down at 21,155.80

• The NSE Nifty Midcap 150 ended 0.74% down at 19,320.60

• The NSE Nifty Smallcap 250 ended 0.94% down at 15,382.45

Bajaj Electricals has entered into an agreement with SEAK, where SEAK will supply lighting control products. This partnership is expected to enhance Bajaj Electricals' product offerings and strengthen its position in the market.

• Net profit rose 29% to Rs 45.4 crore vs Rs 35.2 crore

• Revenue rose 29.4% to Rs 454 crore vs Rs 351 crore

• Ebitda rose 28.7% to Rs 61.9 crore vs Rs 48.1 crore

• Margin at 13.6% vs 13.7%

• Board recommends dividend of Rs 104.5 per share

The NSE Nifty 50 was trading 0.41% higher at 23,420.30, and the BSE Sensex was trading 0.36% higher at 77,008.11 as of 2:16 p.m. Sensex reclaimed the 77,000 mark in over two weeks.