Sensex sparkles 359 Points, Nifty Ends Above 15,700; financial, pharma stocks lead

Jun 10 2021 05:21 PM
Sensex sparkles 359 Points, Nifty Ends Above 15,700; financial, pharma stocks lead

The Indian equity benchmarks moved a positive trajectory on Thursday led by gains in Bajaj Finance, Infosys, SBI, Infosys, ICICI Bank, HDFC and Reliance Industries. On the other hand, Bajaj Auto, Maruti, HCL Tech, Ultratech Cement, PowerGrid, ONGC and Nestle suffered losses.

At close, The 30-share Sensex finished 358.83 points higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92. Similarly, the broader NSE Nifty climbed 102.40 points to end at 15,737.75.

Buying was visible across sectors as all the 11 sector gauges, barring the index of auto shares, ended higher led by the Nifty Media index's over 4 percent gain. Nifty Bank, Financial Services, Metal, Pharma, PSU Bank and Realty indexes also rose between 1-3 percent. Broader markets outperformed their larger peers as Nifty Midcap 100 and Nifty Smallcap 100 indices advanced nearly 2 percent.

On the forex market front, the Indian rupee lost 9 paise to end at 73.06 against the U.S. dollar on Thursday.

Meanwhile, the active COVID-19 cases in the country have reduced to 11,67,952 comprising 4% of the total infections, while the national recovery rate has improved to 94.77%, the Health Ministry data showed on Thursday.

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