Stock market today: Nifty 50, Sensex rise for 5th straight day; ICICI Bank, RIL among top contributors

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BSE Midcap index closed with a gain of 0.29 per cent while the Smallcap index jumped 0.77 per cent. Also Read: Indian stock market: Why Nifty 50 index may touch record high this week — explained with 5 reasons The overall market capitalisation of the firms listed on the BSE rose to nearly ₹391.7 lakh crore from nearly ₹389.5 lakh crore in the previous session, making investors richer by about ₹2.2 lakh crore in a day.

Nearly 400 stocks, including Maruti Suzuki, Wipro, Zomato, Adani Enterprises, Adani Ports, Ambuja Cements, Bajaj Auto and Bajaj Holdings & Investment, hit their fresh 52-week highs in intraday trade on the BSE. Also Read: Nifty 50 may deliver returns ranging from 12-18% over the next year, says Manish Goel of Research & Ranking Some 27 stocks ended in the green while the remaining 23 stocks closed with losses.

Shares of Grasim Industries (up 3.09 per cent), Bajaj Finserv (up 2.71 per cent) and Bajaj Auto (up 2.27 per cent) ended as the top gainers in the Nifty 50 index. Shares of Coal India (down 4.24 per cent), Larsen & Toubro (down 1.35 per cent) and SBI Life Insurance Company (down 1.30 per cent) closed as the top laggards in the Nifty 50 index.

Also Read: Top Gainers and Losers today on 19 February, 2024: Grasim Industries, Bajaj Finserve, Coal India, Larsen & Toubro among most active stocks; Check full list here Most sectoral indices ended with gains today, with Nifty Consumer Durables (up 1.87 per cent) ending as the top gainer. Nifty Pharma (up 0.88 per cent) and FMCG (up 0.79 per cent) also ended with decent gains.

Nifty Realty (down 0.67 per cent), PSU Bank (down 0.47 per cent) and IT (down 0.30 per cent) ended with losses. “The market is following global positive cues and has continued with its