Indian Stock Market, Closing Bells: Share Market Closes Higher Amid Volatility; Sensex Crosses 80,000, Nifty Above 24,000, Adani Ports Jumps 4%
The Indian equity indices ended the final trading session of the week with gains on Friday after witnessing a bout of volatility. The Sensex, after touching an intra-day high of 81,177.93, closed at 80,501.99, up by 259.75 points or 0.32 per cent.
Mumbai, May 2: The Indian equity indices ended the final trading session of the week with gains on Friday after witnessing a bout of volatility. The Sensex, after touching an intra-day high of 81,177.93, closed at 80,501.99, up by 259.75 points or 0.32 per cent. Meanwhile, the Nifty rose 12.50 points or 0.05 per cent to settle at 24,346.70, after moving between 24,238.50 and 24,589.15 during the session.
Among the top gainers on the Nifty were Adani Ports, IndusInd Bank, Bajaj Finance, SBI, Maruti Suzuki India, and Tata Steel. On the other hand, major losers included JSW Steel, Eicher Motors, Bajaj Auto, Hero MotoCorp, HDFC Life, and Nestle.슬롯 머신 사이트 추천 Going forward, support is placed at 24,250 and a fall below this level might trigger a correction toward 24,000. 슬롯사이트œAdditionally, the index may remain range-bound within the 24,000슬롯사이트�24,550 band. Only a decisive breakout above 24,550 may lead to a decent rally in the index," said Rupak De of LKP Securities.슬롯 머신 사이트 추천Stock Market Today: Nifty Surges 120 Points, Sensex Gains 520 Points Amid Positive Global Cues, Markets Holding Back Due to Border Tension Between India and Pakistan.
Sector-wise performance was mixed. Media, energy, IT, and oil and gas stocks saw some gains, rising between 0.3 to 0.7 per cent. However, sectors like power, metal, telecom, pharma, realty, and consumer durables declined between 0.5 to 2 per cent. The BSE Midcap index fell by 0.4 per cent, while the Smallcap index closed flat, showing limited action in broader markets.
According to Sundar Kewat of Ashika Institutional Equity, early gains were driven by easing concerns over a potential trade war between the US and China. He said China슬롯사이트™s willingness to engage in talks gave confidence to global markets. In addition, continued foreign institutional investment supported the Indian market.슬롯 머신 사이트 추천Stocks To Buy or Sell Today, May 02, 2025: Tata Motors, Hyundai Motor India and Eternal Among Shares That May Remain in Spotlight on Friday.
However, investors remained cautious due to rising geopolitical tensions between India and Pakistan, which limited further upside. Kewat noted that the session saw high volatility, with significant price movements on both sides of the trade. In the currency market, the Indian rupee ended slightly lower at 84.56 per dollar, compared to Wednesday슬롯사이트™s close of 84.49.
(The above story first appeared on LatestLY on May 02, 2025 04:55 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).