Key Points
Indian headline indices ended Saturday in the green recording their third successive session gains led by uptick in metal, auto and FMCG stocks..
While The S&P BSE Sensex recorded a new lifetime high of 73,994.7 before settling at 73,806.15, higher by 60.80 points or 0.08%, the broader Nifty closed at 22,378.40, higher by 39.65 or 0.18%..
Out of the 15 Nifty sectoral indices, barring the Nifty Private Bank, all others ended with a positive bias. Nifty Private Bank ended with a minor decline of 3 points or 0.01% over the Thursday closing.. Broader markets also fared well with Nifty Midcap 100 and Nifty Smallcap 100 gaining 0.74% and 0.69%, respectively...
Commenting on the day's trade, Rupak De, senior technical analyst at LKP Securities said Nifty struggled to withstand the selling pressure at higher levels after beginning the day on a positive note and ultimately closing at the day's lowest point..
Stock exchanges BSE and NSE decided to keep the market open despite the weekend holiday on Saturday as part of its strategy to assess the system's preparation in the event of an unanticipated tragedy.. This happened for the second time in the calendar year 2024 and Saturday's was not a mock trading session..
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