Sensex, Nifty 50 end in green on gains in IT, oil and gas stocks

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) 

Here’s your comprehensive 3-minute summary of all the things Finance Minister Nirmala Sitharaman said in her Budget speech: Click to download!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Check all the latest action on Budget 2024 here.
Download The Mint News App to get Daily Market Updates.

More
Less

Published: 06 Feb 2024, 03:30 PM IST