Markets end FY24 on buoyant note amid positive global cues
The Hindu
Benchmark equity indices Sensex and Nifty ended the last day of trade of the 2023-24 fiscal on a bullish note on March 27, driven by heavy buying in power, auto and banking stocks amid a positive trend in global markets.
Benchmark equity indices Sensex and Nifty ended the last day of trade of the 2023-24 fiscal on a bullish note on March 27, driven by heavy buying in power, auto and banking stocks amid a positive trend in global markets.
Extending its previous day's rally, the 30-share index jumped 655.04 points or 0.90% to settle at 73,651.35. During the day, it zoomed 1,194 points or 1.63% to 74,190.31.
The NSE Nifty climbed 203.25 points or 0.92% to end at 22,326.90.
In the 2023-24 financial year, the BSE benchmark jumped 14,659.83 points or 24.85%, and the Nifty soared 4,967.15 points or 28.61%.
From the Sensex basket, Bajaj Finserv jumped nearly 4%, and Bajaj Finance climbed nearly 3%.
Shares of Bajaj Finance and Bajaj Finserv jumped amid media reports that subsidiary Bajaj Housing Finance was planning to go public.
Nestle, State Bank of India, Power Grid, Tata Steel, Larsen & Toubro and Mahindra & Mahindra were the other major gainers.
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