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Capital Investo Research

14th May · SEBI-Registered Analyst

Stock Market Highlights Today: Nifty Closes Around 23,700; Sensex Jumps Nearly 800 Points on F&O Expiry

The benchmark indices witnessed strong buying momentum during Thursday’s trading session amid F&O expiry. The Nifty 50 settled 277 points higher, up 1.18%, at 23,689.60, while the Sensex rallied 789.74 points, or 1.06%, to close at 75,398.72. Among the major contributors to the Nifty’s upside were

HDFCBANK
, which added 69.73 points, followed by
BHARTIARTL
contributing 58.47 points,
ICICIBANK
with 17.43 points,
CIPLA
with 13.93 points, and Eternal adding 12.72 points. On the downside,
INFY
,
TCS
,
HCLTECH
,
TECHM
a, and
COALINDIA
emerged as key laggards. Sector-wise, Nifty IT was the sole underperformer, declining 1.99%. Meanwhile, Nifty Oil & Gas edged up 0.04%, while sectors such as FMCG, Auto, Energy, Realty, Defence, and Media posted gains ranging between 0.34% and 0.90%. Broader sectoral strength remained visible as Nifty Pharma surged 2.74%, Nifty Metal climbed 2.04%, and Nifty Consumption advanced 1.44%. Additionally, Nifty Financial Services, PSU Bank, Rural, and Bank indices registered gains in the range of 1.26% to 1.42%. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

#Post-ClosingCommentary#MacroViews#Miscellaneous
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