In a turnaround performance, the Indian stock market bounced back from a challenging start to the week, closing in the green on Wednesday.
The Sensex, representing the top 30 companies on the Bombay Stock Exchange (BSE), surged by 173.22 points, concluding the trading session at 66,118.69. Similarly, the Nifty, which comprises the top 50 companies on the National Stock Exchange (NSE), saw a gain of 51.75 points, settling at 19,716.45.
The market dynamics revealed that among the Niftylisted companies, 33 witnessed advances, while 17 experienced declines as the closing bell rang on Wednesday.
The top gainers in the Nifty included prominent firms like Larsen & Toubro (LT), Coal India, ITC, Cipla, and L&T Infotech (LITMindtree), reflecting positive sentiment in these stocks.
On the other end of the spectrum, some notable firms faced losses at the time of market closing. Titan, Grasim, Hero Motocorp, SBI India, and ICICI Bank were among the top losers during the trading session.
Varun Aggarwal, founder and managing director, Profit Idea, said, “Nifty closed positive today. Decoupled in comparison to international market. As we stated in morning as well, Indian Market looks good in spite of global tensions”.
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