Maruti Suzuki drives market euphoria: Sensex, Nifty notch all-time closing highs
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Maruti Suzuki and consumer stocks helped the Sensex and Nifty reach all-time closing highs. The 30-share Sensex gained 391 points to settle at 80,352, while the NSE Nifty gained 113 points to end at 24,433. Maruti Suzuki and M&M led the Nifty Auto sector, which ended 2.2% higher. Other sectors that closed higher include Pharma, Bank, Financial Services, FMCG, Realty, and Healthcare. The market capitalization of all listed companies on the BSE increased by Rs 1.58 lakh crore to Rs 451.29 lakh crore. The positive market sentiment is driven by a strong macroeconomic growth outlook and steady return of foreign inflows. Investors are eagerly awaiting the first-quarter earnings results and are optimistic about the IT sector's revenue growth. The market breadth was skewed in favor of the bulls, with 2,013 stocks gaining, 1,922 declining, and 91 remaining unchanged on the BSE.
#Sensex #Nifty #MarutiSuzuki #MarketCapitalization #NiftyAuto #Pharma #Bank #FinancialServices #Fmcg #Realty #Healthcare #ItSector #EarningsResults #MarketBreadth
https://m.economictimes.com/markets/stocks/news/maruti-suzuki-drives-market-euphoria-sensex-nifty-hit-all-time-highs/articleshow/111605935.cms
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