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Stock Market Closing Bell: Sensex up 919 points in choppy trade, Nifty claims 24,000; IT stocks underperform
Written By Shweta Birendra Shukla
Published: | Updated:
Sensex and Nifty end higher as strong buying in realty, banks and financial stocks lifts markets over 1 per cent despite lingering US-Iran geopolitical tensions and weakness in IT stocks.
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Sensex and Nifty close higher as realty and banking stocks lead the rally, while IT stocks lag.
Stock Market Closing Bell: Indian equity markets resumed their winning momentum on April 10 after a one-day pause, as investors tracked developments in West Asia and continued to favour select heavyweights.
The NIFTY 50 closed at 24,050.50, up 275.40 points or 1.16 per cent, while the BSE SENSEX gained 918.60 points, or 1.20 per cent, to settle at 77,550.25.
Among Nifty50 stocks, Asian Paints, Eicher Motors, Bajaj Auto, and Shriram Finance were among the top gainers, supporting the benchmark’s upward move.
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Broader markets outperformed the main indices, with the Nifty MidCap index rising 1.48% and the Nifty SmallCap index advancing 1.67%, indicating strong buying interest beyond large caps.
Sectorally, performance was mixed. Nifty Auto, Nifty Bank, and Nifty Financial Services lagged peers, while Nifty IT emerged as the top-performing sector of the day.
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