Tuesday, February 27, 2024
HomeUncategorizedIndian Stock Markets Close on a Positive note; Nifty at around 17,450,...

Indian Stock Markets Close on a Positive note; Nifty at around 17,450, Sensex gains 449 Points

The Indian stock markets closed on a positive note today, with the benchmark Nifty index hovering around the 17,450 mark and the Sensex rising by 449 points. All sectoral indices ended in the green with metal, bank, PSU Bank, information technology, oil & gas, capital goods, power, and realty sectors up by 1-2 percent. The positive sentiment in the market was supported by strong global cues and expectations of an economic revival.

Indian benchmark indices closed higher on March 1, with the Nifty reaching around 17,450. The Sensex was up by 448.96 points or 0.76% at 59,411.08, while the Nifty increased by 146.90 points or 0.85% at 17,450.90. The Nifty’s biggest gainers were Adani Enterprises, Hindalco Industries, UPL, SBI, and Axis Bank, while Britannia Industries, Power Grid Corporation, Cipla, BPCL, and SBI Life Insurance experienced the biggest losses. All sectoral indices ended in the green, with metal, bank, PSU Bank, oil & gas, information technology, capital goods, power, and realty rising by 1-2 percent. Additionally, BSE midcap and smallcap indices increased by 1 percent each.

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