New Delhi, 16 March (H.S.): Indian stock markets staged a robust rebound on Monday after three straight sessions of steep declines, with benchmark indices soaring from intraday lows before closing marginally lower amid late profit-taking.
The BSE Sensex opened at 74,415.79, dipped to 73,949.76 by late morning, then rallied 1,855 points to peak at 75,805.27, ultimately settling 938.93 points or 1.26% higher at 75,502.85.
Similarly, the NSE Nifty fell to 22,955.25 before surging 546 points to 23,502, closing up 257.70 points or 1.11% at 23,408.80 after minor end-of-day selling.
Buying persisted in auto, banking, metals, consumer durables, and FMCG shares, while media, oil & gas, pharma, realty, capital goods, IT, PSE, and tech indices declined. Broader markets weakened, with Nifty Midcap down 0.27% and Smallcap 0.53%.
Market capitalization of BSE-listed firms rose to ₹430.57 lakh crore (provisional) from ₹429.82 lakh crore on Friday, adding nearly ₹75,000 crore in investor value. Trading saw 1,509 BSE advances against 2,860 declines; Sensex had 24 gainers among 30 stocks, Nifty 35 among 50.
Top Gainers and Laggards
Ultratech Cement (+4.55%), Mahindra & Mahindra (+3.58%), Grasim Industries (+3.34%), Trent Ltd (+3.11%), and Eternal (+2.95%) led gains, while Bharat Electronics (-2.25%), Max Healthcare (-1.96%), Coal India (-1.43%), ONGC (-1.38%), and Wipro (-1.25%) topped losses.
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Hindusthan Samachar / Jun Sarkar
