November 19, 2024 6:09 PM.
Domestic benchmark equity indices today regained their positive momentum after days of downtrend, driven by value-buying at lower levels and a rally in blue-chip stocks. Snapping its four-day falling trend, the 30-share BSE Sensex rose 239 points, or 0.31 per cent, to close at 77,578, while the NSE Nifty50 added 65 points, or 0.28 per cent, to settle at 23,518, reversing its seven-day losing streak.
The broader market at the Bombay Stock Exchange also ended in positive territory. The Mid-Cap index gained 0.94 percent and the Small-Cap index added 0.9 percent.
In the Sensex index, 17 out of 30 companies logged gains. Among the top gainers, Mahindra and Mahindra increased over three and a half per cent, Tech Mahindra and HDFC Bank rose over 2.2 per cent and Sun Pharma gained over one and a half per cent. Conversely, in the top laggards, Reliance shed over one and a half per cent, SBI Bank lost over 1.4 per cent and Tata Steel fell 1.3 per cent.
In Sectoral Indices at the BSE, 17 out of 20 sectors ended with gains. Among the top gainers, Realty as well as Auto advanced over 1.4 per cent, Services and Consumer Discretionary gained over 1.2 per cent and Focused IT added over 0.8 per cent. Meanwhile, the three laggards were, Metal declined 0.9 percent, Energy dropped over 0.6 percent, and Oil and Gas shed over half percent.
The overall market breadth at the BSE was positive as shares of 2,362 companies advanced and 1,601 declined while 96 remained unchanged. At the National Stock Exchange, 52 companies hit their 52-week high while 65 hit their 52-week low.