Market closing: Sensex gains 767 points, Nifty settles above 18,100

Following strong global cues, Indian equities indices closed the day in the green, snapping a three-day losing trend. On Friday, the Sensex rose 767 points, owing to strong buying in index heavyweights Infosys, HDFC Bank, and Reliance Industries, as well as a bullish trend in global markets.

The BSE Sensex closed at 60,686.69, up 767 points or 1.28 percent. The Nifty also gained 229.15 points, or 1.28 percent, to 18,102.75. With a gain of roughly 4 percent, Tech Mahindra led the Sensex pack, followed by HDFC, Infosys, Bajaj Finserv, Asian Paints, and Bajaj Finance. on the other hand, Bajaj Auto, Tata Steel, and Axis Bank, were among the laggards. By a large margin, the broader markets underperformed the benchmark indices. The BSE Midcap index was up 0.6 percent, while the BSE Smallcap index was up 0.3 percent, and the Sensex was up 1.3 percent.

Nifty IT has gained the most, with a rise of 2.21 percent. With increases of over 1 percent, Financial Services, FMCG, and Real Estate are also contributing to the rise. The Sensex closed at 60,686.69, up 767.00 points, or 1.28 percent, while the Nifty stood at 18,102.80, up 229.20 points, or 1.28 percent. About 1556 shares have increased in value, 1628 shares have decreased in value, and 143 shares have remained steady.

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