Share Market Highlights 27 March 2024: Sensex gains 526 pts, Nifty closes above 22,100 thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
On Thursday, the market opened with a loss, stabilised and went up to close in the green. On the BSE, 1900 stocks advanced, 1895 declined, and 114 remained unchanged, with an advance decline ratio of 1.00, indicating a positive closing of stocks in broader markets.
The start of the week witnessed a market-wide decline, particularly hitting small caps hard. On Monday, 2986 stocks saw a decline on the BSE (Bombay Stock Exchange). However, there was some stabilization observed as 1935 stocks traded flat on Wednesday
In a turnaround on Friday, the Sensex snapped its three-day losing streak, propelled by a buy on dips approach and positive global cues. Earlier in the week, Indian benchmark indices fell sharply, primarily influenced by HDFC Bank s lack lustre quarterly results. On Wednesday, Sensex plummeted 1,628 points, while NSE Nifty plunged 460 points or 2.09% to close at 21,572. This was the the most significant percentage drop in the last 18 months.
Man Industries (India) secures new orders worth Rs 400 cr devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.