Stock market today: Sensex gains 526 points, Nifty ends 118.95 pts higher; RIL, Maruti Suzuki, private bank stocks shine

Mar 27, 2024
stock-market-today:-sensex-gains-526-points,-nifty-ends-118.95-pts-higher;-ril,-maruti-suzuki,-private-bank-stocks-shine

1 min read 27 Mar 2024, 03:31 PM IST Join us Whatsapp

Dhanya Nagasundaram

Stock market today: Domestic equity indices Sensex and Nifty 50 closed higher on Wednesday, led by heavyweights like Reliance Industries, auto, private bank, and realty stocks.

The Bombay Stock Exchange Limited (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is the oldest stock exchange in Asia. It is located at Dalal Street, Mumbai, India. MUMBAI PIC:MADHU KAPPARATHPremium
The Bombay Stock Exchange Limited (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is the oldest stock exchange in Asia. It is located at Dalal Street, Mumbai, India. MUMBAI PIC:MADHU KAPPARATH

Stock market today: Domestic equity benchmark indices, the Sensex and Nifty 50, finished Wednesday’s trading session higher driven by heavyweights  Reliance Industries (RIL) and oil marketing companies following Goldman Sachs’ setting up of a Street-high target price. Additionally, a decline in crude oil prices supported hopes for continued refining margins.

The other sectors that led to the indices bounce back were auto, private banks, and realty stocks.

The 30-share BSE Sensex ended higher by 526.01 points or 0.73% at 72,996.31 level while the Nifty 50 closed at 22,123.65 level, up 118.95 points or 0.54%. On the broader market front, while the Nifty Smallcap 100 outperformed the benchmark indices, rising 1.15%, the Nifty Midcap 100 underperformed, ending 0.12%.

(more to come)

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Published: 27 Mar 2024, 03:31 PM IST

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