Equity benchmark indices Sensex and Nifty ended at new closing excessive ranges within the particular buying and selling session on Saturday, extending their earlier day’s sharp rally, amid spectacular GDP knowledge and overseas fund inflows.
Leading inventory exchanges BSE and NSE performed a particular buying and selling session within the fairness and fairness by-product segments on Saturday to verify their preparedness to deal with main disruption or failure on the main web site.
The particular reside buying and selling session had an intra-day change over from Primary Site (PR) to Disaster Recovery (DR) web site.
The 30-share BSE Sensex climbed 60.80 factors or 0.08 per cent to achieve its all-time closing excessive of 73,806.15. During the commerce, the benchmark reached its report peak of 73,994.70, up 249.35 factors or 0.33 per cent.
The Nifty went up by 39.65 factors or 0.18 per cent to settle at a brand new closing excessive of twenty-two,378.40. During the day, it hit the lifetime peak of twenty-two,419.55, up 80.8 factors or 0.36 per cent.
The market capitalisation of BSE-listed firms reached its all-time peak of Rs 394.06 lakh crore.
There had been two buying and selling classes — the primary from 9:15 am to 10 am on the PR, and the second from 11:30 am to 12:30 pm on the DR web site, exchanges had introduced earlier.
“Trading members are requested to note that the exchange will conduct a special live trading session with intra-day switch over from Primary Site (PR) to Disaster Recovery Site (DR) on Saturday, March 2, in equity and equity derivatives segments,” BSE and NSE mentioned in separate circulars.
Among the Sensex corporations, Tata Steel, Tata Motors, JSW Steel, Wipro, ITC and Asian Paints had been the key gainers.
Mahindra & Mahindra, NTPC, Maruti and UltraTech Cement had been among the many laggards.
India’s financial system grew by higher-than-anticipated 8.4 per cent within the ultimate three months of 2023 — the quickest tempo in a single-and-half years.
The US markets ended with features on Friday.
India’s manufacturing sector development climbed to a 5-month excessive in February amid a sharper uptick in manufacturing unit manufacturing and gross sales, supported by each home and exterior demand, a month-to-month survey mentioned on Friday.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from 56.5 in January to 56.9 in February, pointing to the strongest enchancment within the well being of the sector since September 2023.
Foreign Institutional Investors (FIIs) purchased equities price Rs 128.94 crore on Friday, based on trade knowledge.
In the broader market, the BSE smallcap gauge climbed 0.70 per cent, and the midcap index went up by 0.67 per cent.
Among the indices, steel jumped 1.44 per cent, client durables climbed 0.95 per cent, realty (0.90 per cent) and healthcare (0.75 per cent), rising as the key gainers.
Bankex emerged as the one laggard.
The BSE benchmark jumped 1,245.05 factors or 1.72 per cent to complete at 73,745.35 on Friday. The Nifty climbed 355.95 factors or 1.62 per cent to settle at 22,338.75.
(With PTI inputs)
