Sensex rises 650 points, Nifty gains 211 on banking boost
Sensex surged 650 points to 83,277.15, while Nifty climbed 211 points to 25,682.75, driven by strong buying in banking and power stocks. PowerGrid led the gains with a 4.45% increase, signaling a market rebound after three days of decline.
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- 0.79
- 650.39 points
- and Nifty climbing
- 83,277.15
- 0.83
- 211.65 points
- 0.83
- 25,682.75
- rising
- 4.45%
Equity benchmarks Sensex and Nifty rebounded sharply, with the Sensex up 650.39 points (0.79%) at 83,277.15 and Nifty climbing 211.65 points (0.83%) to 25,682.75. This surge was fueled by strong buying in banking and power stocks.
Key Points:
• PowerGrid led gains, rising 4.45%.
• Major contributors included HDFC Bank, Axis Bank, and NTPC.
• The market's rebound follows a three-day decline, indicating renewed investor confidence.
Not investment advice. For informational purposes only.