Stock Market Today: Sensex, Nifty 50 end with healthy gains; investors earn about ₹4 lakh crore in a day

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Indian stock market: How big is the Covid-19 risk for equities? Experts answer Domestic market benchmarks opened lower, tracking weak global cues, but rebounded sharply as the day progressed. The Nifty 50 touched its intraday low and high of 20,976.80 and 21,288.35, respectively, while the Sensex hit its intraday low and high of 69,920.39 and 70,958.71, respectively, during the session. Sensex finally closed the day with a gain of 359 points, or 0.51 per cent, at 70,865.10 while the Nifty 50 settled at 21,255.05, up 105 points, or 0.50 per cent.

The mid and smallcap indices saw robust gains. The BSE Midcap index ended 1.61 per cent higher while the Smallcap index settled with a solid gain of 1.69 per cent. Also Read: Rupee ends 10 paise lower at 83.27 against the US dollar The overall market capitalisation of the firms listed on the BSE jumped to nearly ₹354.2 lakh crore from ₹350.2 lakh crore, making investors richer by about ₹4 lakh crore in a single session.

Over 150 stocks, including Aurobindo Pharma, Cyient, Fortis Healthcare, Inox Wind and Torrent Pharmaceuticals, hit their fresh 52-week highs in intraday trade on BSE. Also Read: Market highlights: Sensex, Nifty close on a high; mid caps, small caps stage comeback Shares of Power Grid (up 2.29 per cent), BPCL (up 2.23 per cent) and Britannia Industries (up 2.22 per cent) ended as the top gainers in the Nifty 50 index. Shares of Bajaj Auto (down 1.80 per cent), Bajaj Finance (down 1.44 per cent) and Axis Bank (down 1.15 per cent) ended as the top laggards in the Nifty 50 index.