Closing Bell: Sensex ends 1,128 points higher, Nifty jumps over 2%; metals, IT stocks shine – News 24-7 Live News 24-7 Live
Closing Bell: Sensex ends 1,128 points higher, Nifty jumps over 2%; metals, IT stocks shine

Closing Bell: Sensex ends 1,128 points higher, Nifty jumps over 2%; metals, IT stocks shine

  • The Sensex ended 1,128 points higher at 50,136 while the Nifty rose 338 points to settle at 14,845.
  • Broader markets were also higher for the day with midcap and smallcap indices up 1.8 percent and 1.2 percent, respectively.
  • Among sectors, Nifty IT, Nifty Metal and Nifty Pharma rallied 2.5-3 percent each.

Indian indices ended over 2 percent higher on Tuesday, rising for the second straight session boosted mainly by IT, metal and financial stocks. Meanwhile, gains in global market shares also lifted the sentiment.The Sensex ended 1,128 points higher at 50,136 while the Nifty rose 338 points to settle at 14,845. Broader markets were also higher for the day with midcap and smallcap indices up 1.8 percent and 1.2 percent, respectively.

On the Nifty50 index, UPL, JSW Steel, Shree Cement, Tata Steel, and Wipro were the top gainers while Axis Bank, M&M, Hindalco, and Bharti Airtel were the only stocks to end in the red.Among sectors, Nifty IT, Nifty Metal and Nifty Pharma rallied 2.5-3 percent each while Nifty Fin Services and Nifty FMCG rose 2 percent each. Nifty Bank was also up 1.6 percent and Nifty Auto added 1 percent for the day.

News Source: CNBC TV 18

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