New Delhi, April 21 (HS): The upward trend in the domestic stock market persisted on Monday for the fifth consecutive day, beginning with a strong surge. A brief decline occurred due to profit booking right after the market opened, but buying activity quickly resumed, pushing the Sensex beyond 79,000 and the Nifty above 24,000.
The Sensex closed up by 1.09% and the Nifty rose by 1.15%. Significant buying was observed in the IT, banking, and oil and gas sectors, with robust performances also in automobile, capital goods, consumer durables, healthcare, metal, public sector enterprises, and tech indices.
Conversely, the FMCG sector faced ongoing selling pressure. In the broader market, the BSE Midcap index climbed by 2.20%, while the Smallcap index rose by 1.67%. Investor wealth surged by over ₹6 lakh crore, raising the market capitalization of BSE-listed companies to ₹425.83 lakh crore from ₹419.60 lakh crore last Thursday.
Active trading involved 4,247 shares on the BSE, with 2,917 gaining, 1,169 declining, and 161 unchanged. Similarly, 2,615 shares traded on the NSE, with 2,079 closing in the green. Among Sensex stocks, 23 of 30 gained, while the Nifty saw 39 out of 50 shares in the green.
The Sensex opened at 78,903.09, dipping briefly to 78,776.06 before closing at 79,408.50, while the Nifty started at 23,949.15, falling to 23,903.65 before closing at 24,125.55.
Notable gainers included Tech Mahindra and Trent Limited, while top losers included Adani Ports and HDFC Life.
Hindusthan Samachar / Jun Sarkar
