Nuhey News

We talk about the MARKET

Sensex rises 99 points, Nifty closes at 18,321 despite turbulence, and other markets fare better

The BSE Sensex opened higher and fluctuated as the session progressed amid volatility due to month-end window-dressing, which offset positive cues from global markets. The Sensex closed at 28,113.39, up 99.50 points or 0.36%, while the broader NSE Nifty settled at 18,321.90, up 30.60 points or 0.17%.

Market breadth remained positive as 1,522 stocks closed in the green, 1,224 stocks were in the red and 150 remained unchanged. Broader market outperformed the benchmark indices with the BSE Midcap and Smallcap indices rising 0.44% and 0.35%, respectively.

Gains were largely seen in metal, IT, oil&gas, healthcare, infrastructure and auto stocks, while losses were seen in energy, power, telecom and select consumer durables stocks. However, investors remained cautious due to GST bill discussion and corporate result announcement.