Share Market News: Sensex surges 600 pts, Nifty ends above 17,900

Indian equity indices concluded Tuesday’s session broadly in green. The Sensex closed above 61,000 and the Nifty settled above 17,900. UPL (up 3.61%), ITC (up 3.14%), Reliance Industries Ltd (up 2.44%), Adani Enterprises (up 1.88%), and Adani Ports (up 1.86%) led the Nifty 50 gainers, while Apollo Hospital (down 2.45%), Eicher Motors (down 2.23%), SBI Life (down 1.54%), BPCL (down 1.16%), and Grasim (down1.15%) led the losers.

Indian stock market

The BSE Sensex rose 600.42 points (0.99%) to 61,032.26 and the NSE Nifty 50 gained 158.95 points (0.9%) to 17,929.85. Sector indices ended mixed, with Bank Nifty rising 0.89%, Nifty IT rising 0.99%, Nifty FMCG rising 1.03%, Nifty PSU Bank rising 1.04%, and Nifty Realty falling 1.84%. Individual stocks rose more than 9% intraday after Adani Enterprises reported a net profit of Rs 820 crore, up from a loss of Rs 12 crore in the same period the previous year.

Source:FE