SENSEX Soars 674 Points as Infosys Jumps 4.69%; Market Sentiment Remains Strong
The Indian stock market achieved a significant milestone today, with the SENSEX reaching a new 52-week high of 85,101.10, up 0.80%. The market exhibited strong breadth, with 284 stocks advancing against 215 declining. The NIFTYIT sector led gains, rising 3.16%, while the OILGAS sector saw a minor decline. Notable performers included Infosys and Bharat Forge, with gains of 4.69% and 4.44%, respectively. However, Dixon Technologies and Muthoot Finance faced losses. Overall, the positive trend was reflected in the BSE100 and MIDCAP indices, indicating robust market sentiment.
The Indian stock market experienced a robust performance today, with the SENSEX trading at 85,101.10, reflecting a gain of 674.76 points or 0.80%. This marks a new 52-week high for the index, which opened at 85,154.15, up by 727.81 points. The market saw a strong advance-decline ratio across the BSE500, with 284 stocks advancing compared to 215 declining, indicating a healthy market breadth.Among the sectors, the NIFTYIT emerged as the top gainer, rising by 3.16%, while the OILGAS sector faced a slight decline of 0.41%. Large-cap stocks led the charge, with Infosys gaining 4.69%, followed closely by mid-cap Bharat Forge at 4.44%. In the small-cap segment, Mafatlal Industries stood out with an impressive gain of 14.50%.
On the downside, Dixon Technologies was the largest large-cap loser, down 2.48%, while Muthoot Finance and Uniparts India fell by 3.88% and 9.35%, respectively. Overall, the market's positive momentum is underscored by the BSE100 and MIDCAP indices rising by 0.71% and 0.47%, respectively, while small caps remained flat.
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