Stock markets: Sensex surges over 900 points, Nifty settles around 21,200 in closing bell

Image Source : PTI/REPRESENTATIVE Stock markets update – December 14

Stock markets: Riding on the global market rally, the equity benchmark indices ended higher on Thursday. The 30-share BSE Sensex ended higher by 929.60 points, while the Nifty gained 256.35 points. Sensex reached 70,514.20 mark in intraday trading, while Nifty hit 21,190.75 mark. 

Persistent buying by foreign investors and sliding crude oil prices in the international markets also supported domestic equities, traders said. A total of 2,064 stocks advanced while 1,702 declined and 126 remained unchanged. 

Among the Sensex firms, Tech Mahindra, Infosys, Wipro, HCL Technologies, IndusInd Bank, Bajaj Finance, Bajaj Finserv and Mahindra & Mahindra were the major gainers. On the other hand, Power Grid, Nestle, JSW Steel, Maruti, Titan and Tata Motors were among the laggards. In the broader market, the BSE midcap jumped 1.06 per cent and smallcap climbed 0.62 per cent.

Among the indices, realty rallied 3.80 per cent, IT jumped 3.21 per cent, realty (3.80 per cent), teck (2.72 per cent), telecommunication (2.14 per cent), financial services (1.38 per cent), oil & gas (1.36 per cent) and energy (1.28 per cent).

Consumer Durables emerged as the only laggard. In Asian markets, Seoul and Hong Kong settled in positive territory, while Tokyo and Shanghai ended lower. European markets were trading in the green. The US markets ended with significant gains on Wednesday.

(With PTI inputs) 

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