- LIC's listing-day show second-worst globally for big IPOs this year
- Bharti Airtel trades weak despite strong Q4; down 5% from intra-day high
- Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?
- MRPL hits highest level since Oct 2018, rallies 34% in four trading days
- OMCs in focus; HPCL hits 52-week low, IOC slips 4% on disappointing Q4
- Gokaldas Exports surges 9%; hits all-time high on healthy business outlook
- Dr Lal Pathlabs slips 6%, hits 52-week low post muted Q4 results
- MARKET LIVE: Sensex, Nifty volatile; Logistics, airline stocks rally
- Stocks to watch: ITC, LIC, BPCL, Bharti Airtel, IOC, DLF, IGL, Zydus Life
- Will govt's divestment enter slow lane after LIC's weak debut?
BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100
Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra
Stock market updates: Indian equities rose in-line with Asian peers as investors lapped up shares, confident of an ongoing economic recovery and that the Federal Reserve's eventual paring back of its stimulus would not knock asset prices anytime soon.
The S&P BSE Sensex ended 663 points, or 1.16 per cent, higher at 57,552 levels after hitting an all-time high level of 57,625. The broader Nifty50, meanwhile, scaled mount 17,000 for the first time and extended its gains to hit a new peak of 17,153.5. It eventually ended at 17,130, up 199 points or 1.18 per cent.
Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra. On the downside, Nestle India, Reliance Industries, IndusInd Bank, and Power Grid were the only losers.
The broader markets, meanwhile, underperformed today. The BSE MidCap and SmallCap indices advanced 0.8 per cent each.