Markets kick off FY23 in style with over 1% gain; Sensex recaptures 59k
Zee News
Sensex rallied over 708 points to recapture the crucial 59,000-mark.
New Delhi: Equity markets began the new financial year with smart gains on Friday, with the Sensex rallying over 708 points to recapture the crucial 59,000-mark following gains in index majors HDFC twins and Reliance Industries, along with foreign fund inflows.
On the first day of trading in the new financial year, the BSE barometer rallied 708.18 points or 1.21 per cent to settle at 59,276.69. During the day, it jumped 828.11 points or 1.41 per cent to 59,396.62.
The broader NSE Nifty advanced 205.70 points or 1.18 per cent to settle at 17,670.45.
From the 30-share Sensex pack, NTPC, PowerGrid, IndusInd Bank, State Bank of India, HDFC, Mahindra & Mahindra, HDFC Bank, Bajaj Finance and Axis Bank were among the lead gainers.
In contrast, Tech Mahindra, Sun Pharma, Dr Reddy's, Titan and Infosys were the laggards.
