Sensex sprints 569 points, ends at 61,306; Nifty atop 18,300; IRCTC gains 11%


Market bulls reigned on the bourses for the sixth consecutive session on Thursday as strong Q2 show by Infosys and Wipro, along with hopes of a better-than-anticipated economic recovery, lifted sentiment. The benchmark BSE Sensex reached the 61,000-mark milestone for the first time while the Nifty50 index surpassed 18,300 today.

An across-the-board rally lifted the 30-share pack 569 points or 0.94 per cent on the bourses, helping the index to settle at 61,306 levels. The Nifty50, meanwhile, shut shop at 18,336 levels, up 174 points or 0.96 per cent. Both the indices hit fresh record peaks of 61,353 and 18,351 in the intra-day deals.

In the broader markets, the BSE MidCap index closed 0.54 per cent higher while the BSE SmallCap index added 0.46 per cent.

Overall, market breadth firmly favoured the bulls with 1,719 stocks advancing on the BSE compared with 1,637 stocks that declined. The BSE m-cap stood at Rs 272.8 trillion by close.

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Sensex ends 110 pts lower ahead of Q2 GDP data; BSE Smallcap index up 2.4%


The benchmark indices ended Friday’s volatile session in the negative territory ahead of the release of gross domestic product (GDP) numbers for the second quarter of the current fiscal (July-September period) due later in the day.

The S&P BSE Sensex slipped 110 points, or 0.25 per cent to 44,150 levels and the Nifty50 index ended at 12,969, down 18 points, or 0.14 per cent. Power Grid, HCL Tech, and ONGC (all down around 2 per cent) were the top Sensex laggards.

Shares of gas transmission companies rallied up to 19 per cent on the BSE during the day after oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) notified regulations for unified gas transmission tariff structure.

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