Key domestic indices ends in positive territory for third straight day

The key domestic share indices on Monday surged nearly one percent. The indices ended in positive territory for the third straight day. Both indices appreciated amid expectations of moderation in monetary tightening by the US Federal Reserve.

The Sensex gained 595 points or 0.92 percent to finish at 64,959 and the Nifty added 181 points or 0.94 percent to settle at 19,412.

In the broader market at the BSE, both the Mid-Cap and small-cap indices rose around one percent.

In the Sensex Index, which is a pack of 30 companies, shares of 26 companies appreciated while those of 4 companies declined. Larsen & Toubro climbed 2.3 percent and Axis Bank rose 2.1 percent. Power Grid and Bajaj Finance both gained around 1.9 percent each.

On the other hand, SBI fell around 0.7 percent, Tata Motors & Hindustan Unilever lost 0.3 percent each, and Titan slipped 0.2 percent.

In sectoral indices at the BSE, all sectors finished in green except Consumer Durables which lost 0.4 percent. Capital Goods jumped 1.7 percent and Metals gained 1.6 percent. Industrials and Utility sectors both rose 1.4 percent each.

The overall market breadth was positive, as shares of 2,422 companies appreciated while those of 1,381 companies declined. A total of 161 shares remain unchanged.

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