April 24, 2024

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Sensex adds 848 pts, ends at 49,581 on broad-based mostly shopping for Nifty Lender up 4%

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markets, stock market, m-cap, market capitalisation, sensex, correction, nifty, shares, growth, profit, economy, gain
Inventory sector updates: A sharp fall in Covid-19 cases coupled with favourable worldwide cues lifted benchmark indices just about 2 for each cent better on Monday. The frontline S&P BSE Sensex zoomed 848 points to settle the day at 49,581 ranges currently lifted mainly by economical counters.

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Eight of the top 10 index contributors incorporated names like HDFC Bank, ICICI Bank, HDFC, SBI, Axis Lender, and Kotak Mahindra Financial institution. Reliance Industries and Infosys were the remaining two contributors. 

On the NSE, the Nifty50 reclaimed the 14,900-mark and finished at 14,923 levels, up 245 points. About 39 of the 50 constituents finished the day in the green currently including IndusInd Bank (up 7.5 for every cent), SBI, ICICI Bank, HDFC Bank, UPL, Axis Lender, Tata Motors, and Eicher Motors.

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On the draw back, Cipla, L&T, Bharti Airtel, Nestle India, Sunlight Pharma, HDFC Lifestyle, and Maruti Suzuki were the top laggards, down up to 2.4 per cent.

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In the broader market place, the S&P BSE MidCap and SmallCap indices ended 1.6 per cent greater each. 

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On the sectoral entrance, all but Nifty Pharma index ended the day with gains. The Nifty Lender index included 4 per cent on the NSE nowadays, trailed by the Nifty Economical Companies index (3 for every cent), and the Nifty Metallic index (up 2.5 for every cent). On the opposite, the Nifty Pharma index slipped .14 for each cent on profit scheduling.

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