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Sensex tops 51,000, Nifty ends above 15,300; NSE VIX surge 11%

Read more about Sensex tops 51,000, Nifty ends above 15,300; NSE VIX surge 11% on Business Standard. Domestic indices settled with modest gains on Wednesday. The Nifty closed above the crucial 15,300 mark. IT stocks rallied while metals and PSU banks stocks corrected. Encouraging Q4 earnings and positive cues from other Asian stock markets boosted ....

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Barometers off day's high


The benchmark indices trimmed gains in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 357.33 points or 0.71% at 50,994.86. The Nifty 50 index gained 87.35 points or 0.57% at 15,295.80. Encouraging Q4 earnings and positive global cues boosted investors sentiment.
Infosys (up 1.88%), HDFC (up 0.93%) and TCS (up 1.01%) supported the indices.
In the broader market, the S&P BSE Mid-Cap index rose 0.08% and the S&P BSE Small-Cap index added 0.78%.
Buyers outpaced sellers. On the BSE, 1,946 shares rose and 1,070 shares fell. A total of 125 shares were unchanged.
Foreign portfolio investors (FPIs) bought shares worth Rs 959.77 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 563.59 crore in the Indian equity market on 25 May 2021, provisional data showed. ....

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Sensex jumps 386 pts, Nifty crosses 15,300; NSE VIX below 19 mark


The key barometers hit a fresh intraday high in early afternoon trade, tracking positive Asia cues. The Nifty index traded above 15,300 level. IT stocks rallied while metal stocks corrected.
At 12:20 IST, the barometer index, the S&P BSE Sensex, rose 386.43 points or 0.76% at 51,023.96. The Nifty 50 index gained 99.70 points or 0.66% at 15,308.15.
In the broader market, the S&P BSE Mid-Cap index rose 0.25% while the S&P BSE Small-Cap index added 0.87%.
The market breadth was strong. On the BSE, 1,968 shares rose and 974 shares fell. A total of 138 shares were unchanged.
Derivatives:
The NSE s India VIX, a gauge of market s expectation of volatility over the near term, fell 0.65% to 18.72. The Nifty 27 May 2021 futures were trading at 15,299.90, at a discount of 8.25 points as compared with the spot at 15,308.15. ....

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