Business

Stock Market Live Updates: Sensex ends below 77,000 after recovering from intraday lows, Nifty50 below 24,000; crude oil prices hit multi-year highs

1 Mins read



Indian benchmark indices staged a strong recovery on Wednesday, with the Sensex surging nearly 610 points and the Nifty closing comfortably above the 24,100 mark. The rebound was driven by value buying in FMCG, automobile and telecom stocks, supported by optimism around corporate earnings and a positive trend across Asian markets.

After a choppy trading session, the 30-share BSE Sensex ended 609.45 points higher, or 0.79%, at 77,496.36. During intraday trade, it had climbed as much as 1,095.6 points, or 1.42%, to touch a high of 77,982.51.

The NSE Nifty50 also advanced, gaining 181.95 points, or 0.76%, to settle at 24,177.65.

Among the top performers in the Sensex pack were ITC, Tech Mahindra, Maruti Suzuki, Reliance Industries, Bharti Airtel and Mahindra & Mahindra.
On the other hand, InterGlobe Aviation, NTPC, Bajaj Finserv and ICICI Bank ended the session among the notable losers.

Maruti Suzuki rose 2.82% after the country’s largest carmaker reported its highest-ever annual consolidated net profit of Rs 14,679.5 crore for FY26. This represented a year-on-year increase of 1.24%, supported by record annual sales of more than 24.22 lakh vehicles, aided by a reduction in GST rates.
The broader market also showed strength. The BSE SmallCap Select index gained 0.75%, while the MidCap Select index slipped 0.49%.

Among sectoral indices, FMCG emerged as the biggest gainer, rising 1.57%. It was followed by Realty, up 1.42%, Telecommunication, which advanced 1.28%, Energy, which climbed 1.14%, and Auto, which added 1.02%. The MidSmall Private Banks Quality Tilt index and the IT index also posted gains of 0.83% and 0.81%, respectively.

On the losing side, Utilities fell the most, declining 1.22%. Power dropped 1.05%, while Consumer Durables, Hospitals, PSU Banks and Bankex also ended lower, slipping 0.43%, 0.42%, 0.42% and 0.07%, respectively.



Source link

Related posts
Business

Infosys names Nitin Paranjpe vice chairman; Nilekani says no chairman transition planned

1 Mins read
Infosys has appointed Hindustan Unilever Ltd’s non-executive chairman Nitin Paranjpe as non-executive vice chairman of its board with immediate effect, PTI reported…
Business

US stock markets today (April 30, 2026): Dow jumps 400 points as earnings cheer offsets oil swings; Alphabet rallies, Meta tumbles

2 Mins read
US markets traded mixed on Thursday as strong corporate earnings helped Wall Street stay near record highs despite sharp swings in crude…
Business

US-Venezuela flights restart after 7 years, first direct Miami-Caracas service lands today

1 Mins read
The first direct commercial flight between the United States and Venezuela in seven years was scheduled to land in Caracas on Thursday,…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *