Indian share markets witnessed volatile trading activity throughout the day today and ended higher.
Benchmark indices surged to fresh record high levels, defying global market mood, amid gains in index heavyweights Reliance Industries, Tata Steel and financial stocks.
At the closing bell, the BSE Sensex stood higher by 145 points (up 0.3%).
Meanwhile, the NSE Nifty closed higher by 34 points (up 0.2%).
Tata Steel and Bajaj Finance were among the top gainers today.
Maruti Suzuki and Shree Cement, on the other hand, were among the top losers today.
The SGX Nifty was trading at 16,565, up by 37 points, at the time of writing.
The BSE Mid Cap index and the BSE Small Cap index ended down by 0.2% and 0.6%, respectively.
Sectoral indices ended on a mixed note with stocks in the metal sector, energy sector and oil & gas sector witnessing most of the buying interest.
Telecom and auto stocks, on the other hand, witnessed selling pressure.
Shares of Apollo Hospitals and Tech Mahindra hit their respective 52-week highs today.
Asian stock markets ended on a negative note today.
The Hang Seng ended the day down by 0.8%, while the Shanghai Composite ended on a flat note.
The Nikkei ended down by 1.6% in todays session.
US stock futures are trading on a negative note today with the Dow Futures trading down by 77 points.
The rupee is trading at 74.25 against the US$.
Gold prices for the latest contract on MCX are trading down by 0.1% at Rs 46,920 per 10 grams.
In news from the telecom sector, Vodafone Idea was among the top buzzing stocks today.
Shares of Vodafone Idea dropped by 6% to Rs 5.9 today on the back of the telco posting a net loss of Rs 73.1 bn in the first quarter of 2022 compared to Rs 69.9 bn in the previous quarter, hurt by sharp subscriber losses, which dragged down the revenue of the debt-laden telco.
Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as Equitymaster) is an independent equity research ...
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