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Taking Stock | Positive global cues, RIL & HUL lift Indian indices

Volatility is expected to continue in the short term due to weakening global trade. Hence, investors should have rational expectations focusing on domestic growth sectors like CAPEX, banking, and defensive, say experts.

April 28, 2022 / 05:02 PM IST
Stock Market Today:

Stock Market Today:

The Indian equity benchmarks were on a roll on April 28 propelled by positive global cues, continued investor interest in Reliance Industries (RIL) which became the first Indian company to cross $250 billion market cap, and a strong showing by Hindustan Unilever Ltd (HUL) in Q4FY22.

The 30-pack BSE Sensex came within the striking distance of the psychological 57,800-mark before paring gains and closed the day with a gain of 701.67 points or 1.23 percent up at 57,521.06.

All sectors took part in today’s rally that helped the Nifty close 206.65 points or 1.21 percent higher at 17,245.05 levels.

The Indian market reacted positively to global cues in the morning as Asian peers traded positive after the Bank of Japan kept the interest rates steady, as the Sensex opened 476.92 points higher; however, it pared most of the gains to touch an intra-day low of 56,936.94.

IndexPricesChangeChange%
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%