Nifty ends near 19450,Sensex up 213 pts led by bank, metal, capital goods
Ira Singh
23 Aug’23
The Indian equity benchmark indices ended higher on Wednesday led by buying in banking, financial and IT stocks amid positive cues from Asian and European peers.
Further,a sharp decline in crude oil prices also boosted sentiments, even as investors awaited two key central bank events.
At close, the Sensex was up 213.27 points or 0.33 percent at 65,433.30, and the Nifty was up 47.55 points or 0.25 percent at 19,444.
Stocks and Sectors
Hindalco Industries, Axis Bank, ICICI Bank, SBI and L&T were the top gainers on the Nifty, while losers included Adani Enterprises
,Adani Ports, Sun Pharma, Bharti Airtel and Tata Motors.
On the sectoral front,mixed trend was seen with bank, metal, capital goods and realty up 0.4-1 percent each, while power, FMCG, and oil & gas down 0.3-1 percent.
BSE midcap index rose 0.4 percent and smallcap index added 0.6 percent each.
On 23 Aug’23,the Indian rupee registered biggest single-day gain in two months; climbs 25 paise to close at 82.69 against the US dollar.
Experts Take:
Market experts have recommended five stocks to buy for Wednesday-IndusInd Bank, Hindustan Aeronautics Limited (HAL), Tata Power, Federal Bank, and Gujarat Mineral Development Corporation Ltd (GMDCL).
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