Final deal: D-street turns green before holidays; Sensex jumps 1,509 points, beautiful hits 23,851
Indian market ends trading week blockbusterthe benchmark index was sharply higher on April 17. Sensex soars by 1,509 points, ending at 78,474,and Nifty 50 scored 471 points and settled 23,851based on a wide range of purchases, has promoted cross-departmental gatherings. there will be No deals on Friday, April 18,because Good Friday Market Holiday.
Positive market breadth; Bulls are fully responsible
All major sector indexes on the NSE ended in green, highlighting bullish sentiment. this Beautiful Banks Up 1.4%,lead ICICI Bank and SBIalthough Nifty Auto, Oil & Gas, Pharma, PSU Banking and Telecom Indexes rose 1-2% Each.
this BSE medium index rate increased by 0.3%although SmallCAP stock rises 0.5%indicating extensive market participation.
Neft's highest returns: banking, pharmaceutical and telecom power supplies
Heavyweights like Bharti Airtel, ICICI Bank, SBI and Sun Pharma He is the biggest contributor to Nifty's dramatic sequel. Emotional feelings are also affected Positive fourth-quarter earnings expectations And continue to purchase in domestic institutions.
Meanwhile, on the failure end, Wipro, Tech Mahindra, Hero Motocorp, JSW Steel and L&T Seeing mild profit bookings limiting further gains.
Technical shot: 24,000 beautiful eyes, mainly support 23,600
What analysts expect Test the beautiful 24,000 markers in the upcoming meetingand Support now at 23,600. Overall market sentiment is still optimistic, leading the heavyweight earnings HDFC Bank and ICICI Bankscheduled for April 19.
What's next?
and Fourth Quarter Revenue Seasonmarket observers expect Volatility increasesbut the background color is still positive. Strong domestic macros, stable FII streams and optimistic company reviews may support further upside potential.
