Stock market today: Domestic equity benchmark indices, the Sensex and Nifty 50, ended in green on Tuesday’s session led by information technology (IT), oil and gas stocks despite a dearth of fresh cues.
After a lacklustre start, the domestic benchmark equity indexes rose on Tuesday, driven higher by information technology firms on the increasing likelihood of a soft landing for the US economy. Analysts predict that stock-specific, earnings-driven actions will likely impact the short-term direction of domestic stocks.
The 30-share BSE Sensex ended higher by 454.67 points or 0.63% at 72,186.09 level while the Nifty 50 closed at 21,929.40 level, up 157.70 points or 0.72%.
(more to come)
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Published: 06 Feb 2024, 03:30 PM IST