After four days of losses, India’s main stock markets bounced back on Tuesday. They started the day strong and closed higher, thanks to gains in public sector banks, metal companies, and auto stocks.
The S&P BSE Sensex finished at 76,499.63, which is up by 169.62 points or 0.22%. Similarly, the Nifty index rose to 23,176, an increase of 90.10 points or 0.39%.
Winners and Losers
Most stocks did well today, with 34 stocks making gains, 16 stocks losing value, and one staying the same. The biggest winners were Adani Enterprises, Shriram Finance, Adani Ports, Hindalco, and NTPC. On the other hand, the biggest losers included HCL Technologies, HUL, Apollo Hospitals, Titan, and Infosys.
Sector Performance
When looking at different sectors, the Nifty PSU Bank index saw the biggest gain of 4.20%, followed closely by the Nifty Metal index, which rose by 3.98%. The Nifty Media index also did well, increasing by 2.97%. However, the Nifty FMCG and Nifty IT sectors struggled, dropping by 1.41% and 2.13%, respectively.
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