Bajaj Finserv was the biggest gainer in the 30 frontline companies pack on Wednesday, jumping 5.09%, followed by Bajaj Finance, Kotak Bank, Axis Bank, Tata Steel, HDFC Bank and Asian Paints
Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.
The report said the funds raised through ECM deals fell because deals were of smaller values
The Sensex ended Tuesday's session at 59,856, following a gain of 673 points or 1.1 per cent
On Tuesday, NTPC was the lead gainer in the 30-stock Sensex pack
The broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.
The macroeconomic data helped investors overlook the impact of the rising Covid cases and new restrictions imposed by many states
The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5
But returns from equities may moderate, warn experts
Beating pandemic-blues, the Indian equity market posted stunning gains this year
The Nifty gained 150 points, and was up 24.1 per cent for the year; Textile shares logged smart gains today after the GST Council deferred rate hike; Debutant CMS Info Systems witnessed a late rally
Investors seek solace from multiple studies that claimed that Omicron might not be as lethal as the previous variants
The broader indices ended on a mixed note; among sectors, the IT index was up a per cent, while the energy, oil & gas and metal indices declined over a per cent each
Going forward, analysts said investors should be cautious due to Omicron and interest-rate concerns
From equities to commodities and cryptocurrencies, most segments gave handsome returns. But inflation, rate tightening, and the Omicron spread have spoiled the year-end party
The BSE Midcap and the Smallcap indices were up 0.1 per cent and 0.5 per cent, respectively. The overall breadth also was fairly positive, with 2,043 advanced shares v/s 1,334 declining stocks.
The BSE Midcap index and Smallcap indices also finished with smart gains of 1 per cent and 1.5 per cent, respectively.
Debutant HP Adhesives ended with a 22.20 per cent premium at Rs 335 over its issue price of Rs 274 per share; Overall market breadth was also positive
Energy, auto, healthcare and banking shares were the major losers, while IT shares managed to buck the trend.
Domestic mutual funds (MFs) pumped in Rs 76,779 crore (about $10.2 billion) into the markets this year until December 22