Sensex Surges 905 Points; Adani Ports Leads Gains

Sensex close: It ended at 74,151.04, up 905.01 points (1.24%). Nifty close: The Nifty50 settled at 22,936.75, up 237.90 points (1.05%), reclaiming the 22,900 mark. Breadth: It was strongly positive, with 2,443 stocks advancing against 1,615 declining, and 36 of 38 tracked sectors rose. Broader market: The Nifty Midcap and Smallcap indices each gained around 1%, so the buying went beyond the heavyweights. Top gainer: Adani Ports led the Nifty50, up about 5.2%, on heavy volume of 82.82 lakh shares (single-source figure). Other gainers: Adani Enterprises, Kotak Mahindra Bank,

and Power Grid also featured among the biggest gainers. Top loser: Trent led the Nifty50 losers, followed by Maruti Suzuki, Bajaj Auto, SBI Life and Eicher Motors. Sectors: Utilities led, with the BSE Utilities index up 3.11%, while FMCG, financials, PSU banks and IT also gained. Nifty Auto and Nifty Cement declined.