Market on Wednesday | Sensex rallies 790 pts, Nifty reclaims 24,000
Indian equity indices made a smart recovery on June 24, with the Nifty reclaiming the 24,000 mark , supported by strong buying in IT, realty and banking stocks. Easing concerns over disruptions to oil supplies after signs of de-escalation in the Middle East boosted investor sentiment.
At close, the Sensex was up 790.54 points or 1.04 percent at 76,991.22, and the Nifty was up 197.55 points or 0.83 percent at 24,021.65.
The broader indices underperformed the main indices with Nifty midcap index rising 0.10 percent and smallcap index gaining 0.4 percent.
Except Auto, Energy, Metal, Power, all other sectoral indices ended in the green with Information Technology and realty up 2% each, while Private Bank index up 1.8%.
Biggest Nifty gainers were Interglobe Aviation, Adani Enterprises, Tech Mahindra, Trent, Bajaj Finance, while losers included Bajaj Auto, NTPC, ONGC, Tata Steel and Bharat Electronics.
