Stock market today: Sensex, Nifty 50 end higher; investors earn ₹8 lakh crore
Stock market today: The Indian stock market experienced broad-based buying on Thursday, March 14, facilitating commendable gains for the equity benchmarks – the Sensex and the Nifty 50.
Concurrently, the second-rung BSE Midcap and Smallcap indices concluded with robust upticks of up to 3 per cent, underscoring a widespread positive sentiment across the market.
Nifty 50 opened the day at 21,982.55 against the previous close of 21,997.70 and touched its intraday high and low of 22,204.60 and 21,917.50 respectively, during the session. The index finally concluded at 22,146.65 with a gain of 149 points, or 0.68 per cent.
On the other hand, the Sensex opened at 72,570.10 against the previous close of 72,761.89 and touched its intraday high and low of 73,364.30 and 72,497.19 respectively. The 30-share pack closed the day at 73,097.28, up 335 points, or 0.46 per cent.
Mid and smallcaps strongly outperformed the benchmarks. The BSE Midcap index ended 2.28 per cent higher while the Smallcap index jumped 3.11 per cent.
The advance-decline ratio also improved as out of the total 3,958 stocks that traded on the BSE today, 2,729 stocks ended higher while 1,146 stocks fell. Some 83 stocks remained unchanged.
The overall market capitalisation (mcap) of the BSE-listed firms jumped to nearly ₹380.1 lakh crore from nearly ₹372.2 lakh crore in the previous session, making investors richer by about ₹8 lakh crore in a single session.
(More to come)
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Published: 14 Mar 2024, 03:31 PM IST
