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Ketan Mittal (SEBI RA)

17th Mar · SEBI-Registered Analyst

Market Update

Frontline indices, the Sensex and the Nifty 50, ended with healthy gains for the second consecutive session on Tuesday, 17 March, tracking positive global cues. The Sensex rose 568 points, or 0.75%, to close at 76,070.84, while the Nifty 50 settled at 23,581.15, rising 172 points, or 0.74%. Gains were broad-based, unlike Monday when the mid and small-cap indices ended lower. The BSE 150 Midcap index jumped 1.08%, while the BSE 250 Smallcap index climbed 0.43% on Tuesday. Over two sessions, the Sensex has gained more than 1,500 points, or 2%, while the Nifty 50 has jumped 430 points, or nearly 2%. Investors earned more than ₹3 lakh crore in just two sessions as the overall market capitalisation of BSE-listed firms rose to over ₹433 lakh crore from nearly ₹430 lakh crore on Friday.

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