Sensex Surges 1,041 Pts And Nifty50 Reclaims 16,650 As Market Hits Nearly 1-Month Closing Highs

Market At Close | Sensex and Nifty extend gains to 3rd straight day to nearly one-month closing highs

Here are some highlights:

Market sees broad-based gains

–IT leads upmove, Nifty IT up four percent

–Investors gain more than Rs 10 lakh crore in wealth in three sessions as market value of BSE-listed companies increases

–All sectoral indices in the green

–Volatility index falls seven percent

–M&M rises to record high following strong Jan-Mar earnings

–Dixon, City Union Bank surge after healthy earnings

–Jubilant FoodWorks gains 10 percent after appointment of new CEO and better-than-expected quarterly performance

–Piramal Enterprises reverses Friday’s losses, among top midcap gainers 

–JSW drops two percent after a weak quarterly performance, JSPL falls four percent ahead of earnings

–Kotak Mahindra Bank, Sun Pharma, DRL, NTPC slip in a strong session

–Titan, M&M, Infosys, Adani Ports, L&T, HCL, Grasim top Nifty gainers

–Rising crude prices support ONGC shares despite co’s weak earnings

–Realty stocks rise on reports of demand uptick

–Dr Lal, Torrent Pharma, AU SFB, NMDC, Ashok Leyland top midcap losers

–Market breadth favours bulls, advance-decline ratio at 3:1

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