Today Stock Market : Sensex rallies over 390 points, Nifty reclaims 24,150; IT, consumer durables and auto shares shine
Domestic benchmark equity indices extended their gains during late morning trade on Thursday, supported by robust buying interest in information technology, consumer durables and automobile stocks. The BSE Sensex was trading 350 1 points, or higher, at 77,580, while the NSE Nifty 50 rose ***** or 0.33%, to 24,150. Market sentiment remained positive, with 2,018 shares advancing against 1,514 declining on the BSE, reflecting healthy market breadth. On the sectoral front, IT, consumer durables and media stocks led the advance, while private banking stocks and the Bank Nifty underperformed marginally. The broader market also remained resilient, with midcap and smallcap indices trading in the green. Meanwhile, India VIX, the fear gauge, declined by over 3%, signalling lower market volatility and improving investor confidence. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,