Market Bounces Back
Sensex recovered 1, 023 points from the day’s low and closed 0.39 percent higher, while the Nifty ended 0.4 percent higher after rebounding 310 points.
On February 14, the market recovered smartly to close higher, powered by gains in SBI and other PSU banks in a tumultuous session.
The Sensex recovered 1, 023 points from the day’s low to finish 277.98 points, or 0.39 percent higher, at 71,833.17.
The Nifty fell to 21,530.20, but recovered to finish the day 97 points, or 0.44 percent, higher at 21,840.
The Nifty Bank index, too, rose over 1,000 points from the day’s low to finish 0.9 percent higher at 45,908.30.
Stocks and Sectors
BPCL, SBI, Coal India, ONGC, and Axis Bank were among the Nifty’s top gainers, while Tech Mahindra, Cipla, Sun Pharma, TCS, and Dr Reddy’s Laboratories fell.
On the sectoral front, the PSU bank and oil & gas indexes both jumped 3%, while the auto, bank, FMCG, capital goods, metal, power, and realty indices all increased 1.2 percent.
The information technology and pharmaceutical indices were each down a percent.
The BSE Midcap and Smallcap indices both gained 1 percent.
| FII Bought | 376.32Â Â Cr |
| DII Bought | 273.94 Cr |
Indian Market Stocks
| Sensex | 267.64 | +0.37% | 71,822.83 |
| Nifty 50 | 96.80 | +0.45% | 21,840.05 |
| Bank Nifty | 405.90 | +0.89% | 45,908.30 |
Market Movers
| BPCL | 39.35 6.73% | Tech Mahindra | -35.55 -2.68% |
| SBI | 29.95 4.20% | Cipla | -32.40 -2.22% |
| ONGC | 9.35 3.60% | Sun Pharma | -21.80 -1.41% |
| Coal India | 14.00 3.09% | Dr Reddys Labs | -77.00 -1.22% |
| Axis Bank | 26.10 2.44% | TCS | -49.40 -1.19% |
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