Dec 2, 2024 3:31 PM IST
Market At Close | Sensex, Nifty 50 See Broad-Based Gains, Ends In The Green For Second Straight Day
Nifty reclaims 24,250, led by Reliance, Infosys, and HDFC Bank.
Midcaps outperform with Midcap index rising 1% versus Nifty’s 0.5% gain.
Sensex rises 445 points to 80,248 and Nifty 145 points to 24,276.
Midcap index gains 608 points to 57,001 and Nifty Bank 53 points to 52,109.
Cement stocks gain on reports of price hike, UltraTech and Grasim top Nifty gainers.
Cipla falls 2% and is among the top Nifty losers following block deals of 1.72% equity.
Bajaj Auto and Maruti rise while Eicher and Hero Moto slip following monthly auto sales.
City gas companies trade higher with healthy gains, MGL and IGL gain up to 5%.
Ola Electric jumps 6% as it looks to increase co-owned stores to 4,000 by month-end.
Cochin Shipyard bags ₹1,000 crore contract from Defence Ministry, stock rises 5%.
Emkay initiates coverage on Anant Raj with a buy call, stock surges nearly 6%.
Biocon rises nearly 3% after company gets US FDA nod for arthritis drug Yesintek.
Dixon Technologies surges 6% on its announcement of mass production of Google Pixel.
Insurance stocks remain under pressure, HDFC Life is top Nifty loser.
Market breadth favours advances, advance-decline ratio at 2:1.