Stock Market Highlights: Nifty jumps 150 points to reclaim 18K, Sensex closes in on 61,112.44

Stock Market Highlights: Nifty jumps 150 points to reclaim 18K, Sensex closes in on 61,112.44.

Ira Singh
28th April’23

The Indian equity indices surged on the last trading day of the week after opening with minor gains earlier in the day.Amid global market sentiments following the release of US GDP quarterly growth data, Indian stock market closed higher for the fourth straight day on Friday.

At close, the Sensex was up 463.06 points, or 0.76 percent, at 61,112.44 and the Nifty gained 150 points, or 0.84 percent, at 18,065.

For the week, the Sensex and the Nifty gained 2.5 percent each, their best weekly gains in nine months, according to reliable sources.

Stocks and Sectors

BAJAR GUPSHUP
Adani Enterprises, Adani Ports, Britannia Industries, Wipro and Nestle India were among the top gainers on the Nifty. Axis Bank, ONGC, HCL Technologies, JSW Steel and Titan Company lost the most in the Nifty pack, according to sources.

On sectoral front,all indices ended in the green. Capital goods, infra, power, PSU bank and information technology were up a percent each, according to sources.

BSE midcap and smallcap indices were up 1 percent each.

On 28th April’23 the rupee falls 3 paise to close at 81.82 against US dollar, according to sources.

The market will be shut on May 1 on account of Maharashtra Day.

Experts Take:
Market experts have recommended six buy or sell stocks for Friday— UPL, JSW Steel, Reliance, HCL Technologies, M&M and Tata Consumer Products