Final deal: Market extends streak record for the third day; Sensex rises 320 points, Nifty ends at 25,423
Stock market close clock: The Indian stock benchmark ended Thursday’s meeting, when the U.S. Federal Reserve lowered its critical rate by 25 basis points to the 4-4.25% range.
BSE Sensex climbed 320.25 points, or 0.39%, to a closure of 83,013.96. The NSE Nifty50 ends at 25,423.60, up 93.35 points, or 0.37%.
Among Sensex heavyweights, Eternal, Sun Pharma, Infosys, HDFC Bank and Power Grid Corporation rose 2.89%. By comparison, Bajaj Finance, Trent, Tata Motors, Ultratech Cement and Asian Paint were down 1.03%.
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In the broader market, the Nifty MidCAP100 and SmallCAP100 indexes have improved by 0.38% and 0.29%, respectively. In the sector, healthcare and medicines outperformed, with the beautiful pharmaceutical index rising 1.33% and the beautiful healthcare index climbing 1.50%.
The market breadth remains positive, with 1,606 stocks in NSE continuing to decline, with 1,426 stocks falling and 102 stocks ending. The total market value of NSE listed companies is US$5.25 trillion.
