Sensex Today: Market Update and Global Cues
Benchmark indices moved within a narrow range on Thursday, while broader indices maintained their gains throughout the day. The SandP BSE Sensex closed at 74,119, up 33 points or 0.05 per cent, while the Nifty50 ended at 22,493, up 20 points or 0.09 per cent. In the broader markets, the BSE MidCap and SmallCap indices closed up to 0.7 per cent higher.
Top Gainers
| Company | Percentage Gain |
|---|---|
| Tata Steel | 1% |
| JSW Steel | 1% |
| Bajaj Finserv | 1% |
| Tata Motors | 1% |
| Bajaj Finance | 1% |
| ITC | 1% |
| Asian Paints | 1% |
| Nestle India | 1% |
| TCS | 1% |
Among top large-cap gainers, Tata Steel, JSW Steel, Bajaj Finserv, Tata Motors, Bajaj Finance, ITC, Asian Paints, Nestle India, and TCS gained over 1 per cent.
Sector Performance
The Nifty Media index rallied over 2 per cent, and the Nifty Metal index rose by 1.4 per cent. However, the Nifty Bank fell 0.3 per cent, dragged by private banks.
Global Market Cues
In Asia-Pacific markets, there was a positive sentiment on Thursday morning. Japan’s Nikkei index soared 0.8 per cent to reach a new record high at 40,314.64, while the broad-based Topix also hit a fresh high rising by 0.6 per cent. South Korea’s Kospi was up by 0.42 per cent, but the small-cap Kosdaq dropped by 0.1 per cent. Hong Kong Hang Seng index futures stood at 16,565, surpassing the HSI’s previous close of 16,438.09, indicating a potential extension of gains on Wednesday.
In the US, the Nasdaq Composite added 0.58 per cent as the market recovered on Wednesday after the decline seen in the previous two days. The Dow Jones Industrial Average gained 0.2 per cent, and the SandP 500 shot up by 0.51 per cent.