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Taking Stock | Market ends higher amid volatility; IT, pharma and realty stocks gain

Broader indices, too, ended higher, with the BSE midcap index rising 0.27 percent and smallcap index adding 0.52 percent

December 27, 2021 / 04:41 PM IST

Indian benchmark indices erased the losses of the previous session and ended higher on December 27 supported by information technology, pharma, financial and realty stocks.

At close, the Sensex was up 334.86 points, or 0.59 percent, at 57,459.17, and the Nifty was up 92.50 points, or 0.54 percent, at 17,096.30.

The market started on a weak note but the indices manage to recover the losses as the session progressed to close near the day's high amid volatility.

"Despite spiking Covid cases globally, the domestic market took a rebound post its weak opening, factoring the low mortality rate of the new variant. Gains in pharma, IT and finance were the major sectorial contributors to the market recovery," said Vinod Nair, Head of Research at Geojit Financial Services.

Sensex59,932.24224.16 +0.38%
Nifty 5017,610.40-5.90 -0.03%
Nifty Bank40,669.30156.30 +0.39%
Nifty 50 17,610.40 -5.90 (-0.03%)
Thu, Feb 02, 2023
Biggest GainerPricesChangeChange%
ITC378.6017.20 +4.76%
Biggest LoserPricesChangeChange%
Adani Enterpris1,565.25-570.10 -26.70%
Best SectorPricesChangeChange%
Nifty FMCG45981.601023.30 +2.28%
Worst SectorPricesChangeChange%
Nifty Metal5908.20-268.85 -4.35%