Stock Market Indices Soar with Metal Stocks Leading the Way

Benchmark stock market indices closed the special trading session on a high note with significant gains in metal and metal stocks driving the positive momentum. The S&P BSE Sensex surged by 608.0 points to reach 78,061.

5 points, while the NSE Nifty50 climbed by 396.5 points to reach 22,378.40.

During the two-part trading session, all broader market indices closed in positive territory. The Nifty sectoral indices also ended with gains, with Nifty Metal rising by almost 1.6% and Nifty Media seeing a 2% increase thanks to a strong performance by sectoral stocks.

The top gainers on the Nifty50 included Tata Steel, Hero MotoCorp, Tata Motors, Adani Ports, and JSW Steel, while the top losers were M&M, Maruti, NTPC, Sun Pharma, and Nestle India. The positive end to the trading session showcases the resilience and strength of the market amidst challenging conditions. This article was written by Koustav Das and was published on March 2, 2024.

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