Market Closes With Little Gains, Sensex Up 79 Points, Nifty Holds 19,300 Level. JioFin Up 5%


Despite trading higher throughout the session, the key benchmark indices closed with little gains on Tuesday, up for the second session in a row. The S&P BSE Sensex closed at 65,076 levels, edging up by 79 points or 0.12 per cent. On the other hand, the Nifty managed to hold the 19,300 level, concluding at 19,343, with an increase of 37 points or 0.19 per cent.

On the 30-share Sensex platform, Jio Financial Services (up 5 per cent), Tata Steel, Tech Mahindra, NTPC, JSW Steel, and PowerGrid emerged as top gainers. On the flipside, Bharti Airtel, HUL, Axis Bank, Reliance, IndusInd Bank, and Sun Pharma were among the top losers.

Leading the gainers on Nifty were Jio Financial Services, Hindalco, UPL, Adani Ports, Hero MotoCorp, Tata Steel, Bajaj Auto, and Adani Enterprises. On the other hand, Bharti Airtel, HUL, Axis Bank, Reliance Industries, IndusInd Bank, Dr. Reddy’s Laboratories, Sun Pharma, and Tata Consumer Products were the major losers, facing declines of up to 2 per cent.

In the broader market, the BSE MidCap and SmallCap indices maintained solid gains, closing 0.45 per cent and 0.69 per cent higher, respectively.

Among sectors, the Nifty Pharma, FMCG, and PSU Bank indices ended with losses of up to 0.5 per cent. Conversely, the Nifty Realty index surged by 1.69 per cent, while the Nifty Metal index rose by 1.28 per cent.

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In the previous session on Monday, the S&P BSE Sensex closed at 64,996, up 110 points. On the other hand, the NSE Nifty ended up 40 points to 19,306.       

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong ended with gains. Hang Seng surged 2 per cent, Nikkei 225 gained 0.18 per cent, STI index was up 0.27 per cent. European markets were also trading in the green. The UK stock futures rallied up to 1 per cent, while the US stocks were trading flat. 

The rupee ended marginally lower at 82.70 per dollar versus the previous close of 82.62.


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