Mumbai, 20 June : Indian equity indices closed higher on Monday. Buying interest was seen in FMCG and IT stocks. HDFC was the top gainer among blue-chip stocks, rising 3.97 per cent. HUL, Asian Paints, UltraTech Cement and HDFC Bank were among the other top gainers in the Sensex.
Earlier in Asian Indices, South Korea’s Kospi declined by 2.04 per cent, Japan’s Nikkei 225 fell by 0.74 per cent and China’s Shanghai Composite index declined by 0.04 per cent
Market Overview
The BSE Sensex and Nifty50 increased by 0.46 and 0.37 per cent, respectively. The Sensex of the Bombay Stock Exchange closed at 51,550 level while the Nifty50 of the National Stock Exchange settled at the 15,350 mark. The Sensex gained 237 points to trade at 51,597 and the Nifty50 rose by 56 points to trade at 15,350.
Nifty50 Index
In Nifty50 index shares, HUL was the biggest gainer, increased by 4.05 per cent. HDFC, Asian Paints, UltraTech Cement, Apollo Hospital and HDFC Bank were among the other gainers. On the other hand, Tata Steel was the worst performer in the pack, down by 5.00 per cent.
Small-cap and Mid-cap Indices
The Nifty Midcap-100 index fell 2.26 per cent and the Nifty Smallcap-100 index declined 3.20 per cent. In Nifty Midcap 100, Ramco Cement gained 2.48 per cent, Gujarat Gas rose 2.12 per cent, CG Consumer, Ipca Labs and Ashok Leyland also surged, while Oil India, Hindustan Aeronautics and Adani Total Gas declined. In Nifty Smallcap-100, JK Lakshmi Cement gained 3.77 per cent. On the other hand, Bharat Dynamics fell 11.39 per cent, GNFC, Sequent Scientific and Rain Industries declined.
Sectoral Indices
In NSE sectoral indices, 9 out of 21 sectors surged. Nifty FMCG was the top performer as it gained 1.80 per cent, Nifty Fin Service rose 0.96 per cent, followed by Nifty IT increased by 0.87 per cent.
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