Market Recap: Sensex and Nifty Close Higher Today

Market Recap: Sensex and Nifty Close Higher Today (Image/Ani)

VoM News Desk | May 10, 2024 | 06:38 PM IST | Breaking News |

Market Recap: Sensex and Nifty Close Higher Today

Sensex opened slightly higher at 72,475.45 and reached an intraday high of 72,946.54, closing at 72,664.47, up by 260.30 points or 0.36%.
Nifty 50 opened higher at 21,990.95, touching an intraday high of 22,131.30, and closed at 22,055.20, up by 97.70 points or 0.44%.
Nine out of 30 stocks on Sensex ended in the red, with TCS, Kotak Mahindra Bank, Infosys, Wipro, and Mahindra & Mahindra being the top drags.
Power Grid Corp., NTPC, JSW Steel, Asian Paints, and ITC were the top gainers on Sensex.
On Nifty 50, 12 out of 50 stocks ended in the red, with TCS, Cipla, LTI Mindtree, Kotak Mahindra Bank, and Infosys being the top drags.
BPCL, Power Grid Corp., NTPC, Hero MotoCorp, and Eicher Motors were the top gainers on Nifty 50.
BSE SmallCap and BSE MidCap ended in the green, gaining 0.80% and 0.81%, respectively.
Except for IT, Realty, PSU Bank, and Bank sectors, all other sectoral indices closed higher, with Metal, Oil & Gas, FMCG, and Auto indices being the top gainers.
In corporate news, Cipla reported a 79% year-on-year jump in Q4 net profit, while Sapphire Foods and Dr Lal Path Labs also posted strong financial performances.
TVS Holdings announced the acquisition of an 80.74% equity stake in Home Credit India Finance for ₹554 crores, with the remaining stake to be purchased by Premji Invest and other associates.

(Inputs from Mint)

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