The Business Bytes
TBB BUREAU
MUMBAI, MARCH 30, 2021
Benchmark Sensex went up by 1,128 points to close at 50,136.58 on Tuesday as financials, IT and energy stocks advanced amid positive global cues.
The 30-share BSE index ended 1,128.08 points or 2.30 per cent higher at 50,136.58.
The broader NSE Nifty also settled at a nearly two-week high of 14,845.10, showing gains of 337.80 points.
Favourable cues from global markets also supported domestic rally despite the prevailing concern of sharp rise in COVID-19 cases in various parts of the country.
HDFC Bank was the top gainer among Sensex stocks, rising by 4.11 per cent. Followed by HCL Tech, Infosys, NTPC, Nestle India, HDFC, PowerGrid, TCS, HUL, Reliance and ICICI Bank.
M&M, Bharti Airtel and Axis Bank were among the losers.
All sectoral indices ended on a positive note with BSE IT, teck, metal, healthcare, FMCG, basic materials and finance indices rallying up to 3.51 per cent.
Broader midcap and smallcap indices surged up to 1.30 per cent.
The Indian rupee slumped by 87 paise to close at 73.38 against the US dollar.
