Key Points
The S&P BSE Sensex added 253.31 points to reach 73,917.03, while the NSE Nifty50 NSE also saw gains, rising by 79.45 points, to close at 22,483.3...
"Key benchmark indices extended gains despite adverse market sentiment in US and Europe, as investors focussed on domestic fundamentals and bought metal, oil & gas, auto and realty shares," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd...
This surge was supported by strong financial results for the March quarter and positive outlook commentary from brokerage firms.. 12 of the 13 major sectors experienced positive weekly gains, with notable performances seen across the board...
Despite foreign selling hitting a 16-month high, the market was cushioned by consistent domestic buying.. "While volatility could increase over the next couple of weeks, selective buying in key frontline, mid & small-cap stocks will persist," said Tapse...
Small and mid-cap stocks outperformed the benchmarks, registering increases of 1.65% and 0.88% respectively, driven by strong earnings from various constituents...
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