Stock market today: Sensex, Nifty 50 end in green in the second special trading session; all sectoral indices shine

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Also Read: Market Special Session Close Highlights: Sensex, Nifty end higher; all sectoral indices gain In the first half of a special trading session on Saturday, the domestic benchmark indices finished on a flat note. The 30-share BSE Sensex closed at 73,959.63, up 42.60 points, or 0.06%. The NSE Nifty 50 increased to 22,481.90, a gain of 15.80 points, or 0.07%.

After days of nonstop outflows, Foreign Institutional Investors (FIIs) started buying on Friday. Based on market data, they purchased stocks on Friday for a total of ₹1,616.79 crore. On May 7, the BSE and NSE announced that they will hold a special trading session in the equities and equity derivative divisions on May 18 to assess their readiness to handle significant outages or interruptions at the main site.

So today, there was an intra-day switchover during the special live trading session between the Disaster Recovery (DR) site and the Primary Site (PR). Also Read: Indian stock market special live trading session today: Check out timings, purpose, other key details The first was from 9:15 IST to 10 IST from the PR, and the second from 11:30 IST to 12:30 IST from the DR site. Wall Street concluded Friday mostly higher.

According to Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, bets on a Federal Reserve rate cut in September have risen as a result of the Dow Jones Industrial Average reaching 40,000 for the first time and a softer-than-expected April inflation data. The optimistic outlook is also present in Indian markets, where the Nifty 50 is probably trading between 22,000 and 22,500, with support around 22,000 and resistance at 22,500. As many as 38 stocks settled in the green in the Nifty 50 index while the rest 11 ended in red.