Sensex rallies 772 points, Nifty settles above 25,255 tracking gains in US tech stocks

Sensex rallies 772 points, Nifty settles above 25,255 tracking gains in US tech stocks


Benchmark indices Sensex and Nifty continued their upward momentum for the ninth consecutive regular trading session, tracking gains in US tech stocks and continued aggressive buying by foreign institutional investors. The 30-share BSE Sensex closed 772.75 points or 0.95 per cent higher at 81,879.40. During the day, the benchmark hit a high of 82,520.40 and a low of 81,417.39, gyrating 1,193.01 points. Similarly, the 50-share NSE Nifty added 210.40 points or 0.84 per cent to close at 25,255.05. Similarly, the broader market ended the session in the green. The BSE MidCap Select Index added 184.51 points, or 1.02 per cent, while the BSE SmallCap Select Index added 115.74 points, or 1.29 per cent.

Rupee gains ground

Meanwhile, the Indian rupee gained ground, buoyed by softening crude oil prices, strong foreign institutional inflows, and the absence of intervention from the central bank amid prevailing risk-on sentiment.