BSE Sensex and NSE Nifty50 Mark Consecutive Gains

BSE Sensex gained over 522 points to close at 33825.53 after touching a high of 33866.63 during the session marking positive gains. Nifty 50 climbs 152.95 points to a total of 9979.10 nearing to 10000 level. Government’s decision to reopen the economy in a phased manner helped the market surge. Domestic financial market tracked sharp buying rallying positive in 5 continuous sessions for the very 1st time in 2020. The financial market closed with a 3-month high with gaining more than 1.5% since yesterday.

Investors’ sentiments rose highly after PM pledged to make structural reforms to increase domestic GDP and provide buoyancy to financial stocks. The rupee rebounded to rise 45 paise during the session marking the weak US economy. Also, traders will keenly evaluate the Coronavirus pandemic in the marketplace along with the development of its vaccine and US-China relationship affecting India’s Unlock 1.0.

Top Gainers: S&P BSE Sensex and Nifty50

In the BSE market, VST Tillers topped the list gaining 20%. Followed by Aarvee Denim, Chalet Hotels, Shoppers Stop and Cybertech increasing by 20%, 19.99%, 19.99% and 19.97% respectively. In the NSE market, Power Mech surged the most by 20%. Other gainers in the list include Tainwala Chem, Electrotherm, Kamdhenu and Arvind limited rising by 20%, 19.97%, 19.92% and 19.87% respectively.  

On BSE Sensex index, Bajaj Finance rose the most with 8.64%. Other gainers from today’s session include Kotak Mahindra, HDFC, Axis Bank and L&T surging 7.52%, 4.43%, 3.29% and 1.86% respectively. On NSE Nifty 50 index, Bajaj Finserv topped the list with 8.85%. Further, Tata Motors, Zee Entertainment Ltd., GAIL and Vedanta soared by 7.76%, 7.02%, 5% and 3.47% respectively.

Losers: S&P BSE Sensex and Nifty50

In the BSE market, Manomay Tex Industries lost over 11.69% today. Further, Sarthak Metals, Aditya Consumer, Akme Star and Sun Retail lost 9.03%, 8.87%, 8.61% and 6.43% respectively. In the NSE market, RKEC Projects dropped the most by 7.67%. Other losers include Zodiac JRD-MKJ and Vinyl Chemicals, losing 6.77% and 6.39% respectively.  

On BSE Sensex index, Maruti Suzuki topped the loser list falling 1.74%. Further, ITC, NTPC, Nestle and Bharti Airtel dipping 1.69%, 1.23%, 0.95% and 0.19% respectively. On NSE Nifty 50 index, Coal India was the worst hit by 3.47%. Other losers include Dr Reddy Labs, BPCL, JSW Steel and Cipla losing 1.47%, 1.36%, 0.93% and 0.76% respectively.


Foreign Institutional Investors invested INR 7498.29 crores in the domestic equity market. They bought stocks of value INR 12157.07 crores and sold-off shares of value INR 4658.78 crores. Foreign investors invested a huge value in the financial market compared to yesterday.

Domestic Institutional Investors bought stocks of value INR 5065.9 crores while selling shares of INR 4624.85 crores during the session. Domestic investors invested a positive amount of INR 441.05 crores marking high gains in the Indian equity market.

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