Sensex Soars 313 Points, Narayana Hrudaya Jumps 10.35% Amid Strong Market Rally
The Indian stock market showed positive momentum today, with the Sensex rising by 313.69 points to reach 84,876.47, nearing its 52-week high. A broad-based rally saw 36 of 38 sectors advance, particularly the NIFTYPSUBANK sector, which gained 1.38%. Mid-cap stocks also performed well, with the BSE Mid Cap index up 0.65%. The market breadth was healthy, with 337 advances against 160 declines in the BSE500. Notable gainers included Narayana Hrudaya and Mah. Scooters, while Tata Motors PVeh and Fischer Medical faced losses. Overall, market sentiment remains optimistic.
The Indian stock market exhibited a positive trend today, with the Sensex trading at 84,876.47, reflecting a gain of 313.69 points or 0.37%. The index opened 137.72 points higher and is now just 0.49% shy of its 52-week high of 85,290.06. Notably, the market saw a strong performance across sectors, with 36 out of 38 sectors advancing, led by the NIFTYPSUBANK sector, which rose by 1.38%. In contrast, the NIFTYMETAL sector experienced a slight decline of 0.15%.Mid-cap stocks were particularly robust, with the BSE Mid Cap index gaining 0.65%. The advance-decline ratio across the BSE500 stood at 337 advances to 160 declines, indicating a healthy market breadth. Among the top gainers in the BSE500, Narayana Hrudaya surged by 10.35%, followed by Mah. Scooters at 7.91% and Elgi Equipments at 5.91%. On the downside, Tata Motors PVeh led the losses, dropping by 4.37%, while Fischer Medical fell by 9.95% in the small-cap segment. Overall, the market sentiment remains optimistic as it continues to trade above key moving averages.
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