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Sensex Adds 568 Points, Nifty Tops 14500 Levels ; Tata Steel Top Gainer

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On positive global cues, Indian indices too played catch up with Sensex gaining up to 750 points in trade today. At the close, Sensex ended higher by 568 points, while Nifty gained 182 points to close at 14507.

 

There was easing in India VIX too. Meanwhile, broader markets outperformed their headline peers, with Nifty Midcap 100 up 1.56% towards the close of the session.

Sensex Adds 568 Points, Nifty Tops 14500 Levels ; Tata Steel Top Gainer

It was a sea of green among the Nifty sectoral indices, with metals and FMCG pack shining the most towards the session ending.

Kalyan Jewellers IPO made a weak debut, listing 15% below the IPO price.

Steel companies hogged the limelight today as amid higher export order and realization there are expectations of improved operating margins. Firms like SAIL and JSW hit record highs.

In the Tata-Cyrus Mistry case, as the SC gave the verdict against Mistry, Tata group stock shone.

Meanwhile, on global optimism, European indices too traded in the green and were up up to 0.79% on the German DAX.

GoodReturns.in

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