Sensex regains 49,000; breadth strong : comparemela.com

Sensex regains 49,000; breadth strong


Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 341.25 points or 0.7% at 49,285.39. The Nifty 50 index was up 95.80 points or 0.65% at 14,748.85. The Sensex regained the psychological 49,000 mark in opening trade.
The S&P BSE Mid-Cap index was up 0.58%. The S&P BSE Small-Cap index was up 0.74%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1522 shares rose and 430 shares fell. A total of 96 shares were unchanged.
Stocks in news:
Bajaj Finance advanced 2.37%. The company's consolidated net profit jumped 42% to Rs 1,347 crore on 5% decline in total income to Rs 6,855 crore in Q4 FY21 over Q4 FY20. The NBFC's new loans booked during Q4 FY21 stood at 5.47 million, down by 9% over 6.03 million in Q4 FY20. Customer franchise as of 31 March 2021 was at 48.57 million compared with 42.60 million as of 31 March 2020. Bajaj Finance acquired 2.26 million new customers in Q4 FY21 compared with 1.85 million in Q4 FY20.

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