Stock Market

Equity indices settle high for second straight day

New Delhi: Indian equity benchmark indices settled in the green for the second consecutive day on Thursday due to buying at lower levels post the recent five session losses in a row.

The Sensex settled at 57,912 points, up 874 points or 1.53 percent, whereas Nifty at 17,401 points, up 264 points or 1.54 percent.

Among the stocks, Eicher Motors, Coal India, Mahindra & Mahindra, Adani Ports, and Kotak Mahindra Bank were the top five gainers, among the Nifty 50 companies, rallying 4.4 percent, 4.0 percent, 3.2 percent, 2.7 percent, and 2.7 percent, respectively.

On the contrary, Cipla, Hindalco, ONGC, Bajaj Auto, and Tata Steel were the top five losers.

“Accumulation seen in some of the big boys which led to the fall during the last one week helped the bulls get back strongly today,” said S. Ranganathan, Head of Research at LKP securities.

This post was last modified on April 21, 2022 7:41 pm

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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