Finance
Share Market HIGHLIGHTS: Benchmark equity indices, BSE Sensex and NSE Nifty50, surged sharply higher on Friday despite a sombre start to the first day of the trade on the new financial year. The Sensex ended over 700 points higher, while the Nifty50 settled near the 17,700 mark.
The indices were led by power, realty, and financial stocks. The indices opened in the red in volatile early trade, before starting the recovery. The global investor sentiments were mixed as fears of recession, inflation and Russia-Ukraine war remained.
The Sensex added 708.18 points, or 1.21%, to close at 59,276.69, while Nifty50 surged 223.25 points to end at 17,688.00. All the sectors ended in the green with big gains seen in power, oil & gas, telecom, banks, realty among others.
On the 30-stock index, the most gains were made by NTPC, PowerGrid, and IndusInd Bank among others, while TechM, DRL, and Sun Pharma were among the top losers.
On Nifty50, NTPC, BPCL, and PowerGrid made the most gains, while Hero Moto, Divi’s Lab, and TechM were among the top laggards.
Source:MINT
