Markets end last trading day of FY-23 in style; Sensex, Nifty rally nearly 2% on firm global trends

The 30-share BSE Sensex zoomed 1,031.43 points or 1.78% to finish at 58,991.52. The broader NSE Nifty climbed 279.05 points or 1.63% to end at 17,359.75.

Benchmark indices Sensex and Nifty ended the last day of the 2022-23 fiscal with a nearly 2% jump on March 31 in line with firm trends in the global markets and heavy buying in index major Reliance Industries.

Fresh foreign fund inflows also added to the positive momentum in the equity market.

The 30-share BSE Sensex zoomed 1,031.43 points or 1.78% to finish at 58,991.52. During the day, it jumped 1,108.38 points or 1.91% to 59,068.47.

The broader NSE Nifty climbed 279.05 points or 1.63% to end at 17,359.75.

Among the Sensex firms, Reliance Industries emerged as the biggest gainer as it jumped over 4%. Nestle, Infosys, ICICI Bank, Tata Motors, Tata Consultancy Services, HCL Technologies, Tech Mahindra and Axis Bank were the other major winners.

Sun Pharma, Asian Paints, Bajaj Finance and Titan were the laggards.

In Asian markets, Seoul, Japan, Shanghai and Hong Kong ended in the green.