- The Sensex climbed 374 points and the Nifty closed flat, supported by moderation in crude oil prices and buying in heavyweights Reliance Industries and ICICI Bank.
- The Sensex climbed 373.76 points, or 0.48 percent, to settle at 78,954.76, staying in positive territory throughout the session.
- The Nifty traded in a narrow range and edged marginally higher by 11.35 points, or 0.05 percent, to end at 24,636, with a high of 24,677.05 and a low of 24,604.15.
- From the Sensex pack, Reliance Industries climbed 3.43 percent, the most among blue-chip firms, with State Bank of India, Bharat Electronics, ICICI Bank, Eternal, and Titan also among major winners.
The Sensex climbed 374 points to 78,954.76 on Thursday, driven by strong buying in Reliance Industries and ICICI Bank. The Nifty, however, ended flat at 24,636 as crude oil prices moderated.1234
The 30-share BSE Sensex rose 373.76 points, or 0.48 percent, maintaining a positive trajectory throughout the day. In contrast, the 50-share NSE Nifty traded within a narrow range, gaining 11.35 points, or 0.05 percent, with a daily high of 24,677.05 and a low of 24,604.15.
Market analysts noted that the divergence in the indices followed the introduction of a new auction mechanism for shares with futures and options (F&O) contracts. This mechanism, known as the Closing Auction Session (CAS), aims to enhance the transparency and robustness of the price discovery process.
Among the major gainers, Reliance Industries surged 3.43 percent, leading the blue-chip firms, while other notable winners included State Bank of India, Bharat Electronics, ICICI Bank, Eternal, and Titan.
“Reliance Industries surged 3.43%, the top gainer among blue-chip firms, with State Bank of India, Bharat Electronics, Eternal, and Titan also advancing. The Sensex settled at 78,954.76, while the Nifty closed at 24,636 after hitting a high of 24,677.05.”
