Today’s Stock market highlights: Equity markets gyrated between gains and losses on the day of the monthly F&O expiry for March derivatives’ series as investors adjusted their positions. However, late-day buying helped frontline indices close near the day’s highs, owing to strong buying in metal, auto, and financial (particularly PSU bank) stocks.
The S&P BSE Sensex finished the day at 57,960, up 346 points or 0.6%, after trading between 57,524 and 58,122. In contrast, the Nifty50 closed at 17,081, up 129 points or 0.76 percent. Throughout the day, it fluctuated by more than 150 points.
Meanwhile, the broader markets outperformed benchmarks by 1.67 percent each.
Adani Enterprises, Adani Ports, JSW Steel, Eicher Motors, HCL Tech, Bajaj Auto, Ultratech Cement, Tata Motors and Hero MotorCorp were the large-cap winners, surging up to 9 per cent. Losses in Airtel, Reliance Industries, Asian Paints, ICICI Bank, and Cipal, however, weighed.
Source:BS