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Diwali at stock market: Sensex jumps 848 pts, all sectors in green

October 28, 2024

Mumbai, Oct 28

Indian equity indices traded in the green on Monday in mid-session as buying was seen in heavyweights like ICICI Bank, M&M, IndusInd Bank, JSW Steel and Wipro, lifting the sentiment of the market after a five-day losing streak.

At 1:02 p.m., Sensex was up 872 points or 1.10 per cent at 80,242, and Nifty was up 224 points or 0.93 per cent at 24,405.

The market rally was driven by banking stock. Nifty Bank was up 606 points or 1.22 per cent at 51,405.

Nifty midcap 100 index was up 503 points or 0.91 per cent at 55,777, and Nifty smallcap 100 index was up 228 points or 1.28 per cent at 18,075.

All sectors were trading in the green. The major gainers were auto, PSU Bank, fin service, pharma, FMCG, metal, realty, energy, and commodities.

In the Sensex, ICICI Bank, M&M, IndusInd Bank, JSW Steel, Wipro, Nestle, Tata Motors, Tata Steel, HUL, Asian Paints, SBI, TCS, Sun Pharma, HCL Tech and Power Grid were major gainers. Kotak Mahindra Bank, Axis Bank, Tech Mahindra and HDFC Bank were major losers.

 

 

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