Sensex, Nifty, Share Prices: The benchmark indices, Sensex and Nifty, closed Wednesday’s session on a firm note. Sensex settled at 79,468.01, up 874.94 points or 1.11 per cent higher. Nifty closed at 24,297.50, up 304.95 points or 1.27 per cent firmer.
The top gainers on the Sensex were Adani Ports, Power Grid, JSW Steel, Tata Steel and Infosys. The laggards were IndusInd Bank, Titan, Tech Mahindra, Hindustan Unilever and Bharti Airtel.
Vinod Nair, Head of Research, Geojit Financial Services, said: “Global markets experienced a notable rebound after the BoJ’s Deputy Governor reassured that the central bank would not raise interest rates during a period of financial instability. The Indian market also witnessed broad-based buying across sectors, with the Realty sector seeing a relief rally due to the reinstatement of indexation benefits. The carry trade issue appears to have been eased for now and the focus is on the ongoing RBI policy, which is likely to hold the rate and positive economic outlook.”
Stock Market Highlights 7 August 2024: Sensex, Nifty close firmer on buying across sectors; oil & gas, energy indices lead gains
