After a volatile session, the market has ended with handsome
gains with major support by banks and capital goods stocks. The Sensex ended up
214.09 points or 0.8 percent at 27890.13, and the Nifty was up 51.95 points or
0.6 percent at 8429.70. About 1379 shares have advanced, 1379 shares declined,
and 180 shares are unchanged. Key benchmark indices edged higher after seeing
intense volatility during the second half of the trading session. Benchmark
indices bounced back soon after extending intraday losses in mid-afternoon
trade.
Earlier, benchmark indices had reversed direction in afternoon trade
after moving in narrow range in positive zone in early afternoon trade. The market breadth indicating the overall health of the market once again
turned positive from negative in late trade. The CNX Nifty was up 51.95
points or 0.62% at 8,429.70. The index hit a low of 8,284.70 in intraday trade,
its lowest level since 27 March 2015. The index hit a high of 8,449.95 in
intraday trade.
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Yes Bank acquires 12.79% stake in CG Power via pledge invocation.
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