Stock market today: Nifty 50, Sensex end in the green for third consecutive day; smallcap index hits record high
India's retail inflation data expected tomorrow. Analysts estimate a rise in December CPI On Thursday, Sensex opened 250 points higher at 71,907.75 against the previous close of 71,657.71 and touched the intraday high of 71,999.47. The index, however, lost most gains and ended 63 points, or 0.09 per cent, higher at 71,721.18.
Shares of Realiance Industries jumped 2.58 per cent, ending as the top contributor to the gains in the Sensex index. The stock had surged 2.7 per cent in the previous session. Nifty 50 opened at 21,688 against the previous close of 21,618.70 and touched its intraday high of 21,726.50 during the session.
The index finally closed the day at 21,647.20, up 29 points, or 0.13 per cent. Mid and smallcaps continued witnessing traction as the midcap and smallcap indices outperformed the benchmarks. The BSE Midcap index ended with a gain of 0.66 per cent while the Smallcap index closed 0.79 per cent higher.
The BSE Smallcap index hits its fresh all-time high of 44381.53 during the session. The overall market capitalisation of the firms listed on the BSE rose to nearly ₹370.5 lakh crore from nearly ₹368.8 lakh crore in the previous session, making investors richer by nearly ₹1.7 lakh crore in a single session. Over 500 stocks, including Reliance Industries, Bharti Airtel, IndusInd Bank, Tata Motors, Hero MotoCorp, InterGlobe Aviation (IndiGo), Tata Power and TVS Motor Company, hit their fresh 52-week highs in intraday trade on BSE.
Shares of Hero MotoCorp (up 4.64 per cent), Bajaj Auto (up 3.42 per cent) and Reliance Industries (up 2.49 per cent) ended as the top gainers in the Nifty 50 index. Shares of Hindustan Unilever (down 1.58 per cent), Dr. Reddy's Laboratories (down 1.54 per cent) and SBI Life
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