Indian Stock Market Updates
✅ Indian equity benchmarks held on to gains led by Kotak Mahindra Bank, Reliance Industries, HDFC Bank and Larsen & Toubro.
✅ The S&P BSE Sensex rose 0.4 percent or 147 points to 33,115 and the NSE Nifty 50 index gained 0.5 percent or 50 points to 10,164.
✅ Sixteen out of 19 sector gauges compiled by the BSE were trading higher led by the S&P BSE Healthcare index’s 2 percent gain. On the other hand, the S&P BSE Bankex index fell 0.8 percent owing to 7 percent decline in ICICI Bank.
Read More: ICICI Bank Falls Most In Over 2 Months As SEBI Begins Enquiry In Loan To Videocon
✅ The small cap shares were outperforming their large cap counterparts. The gauge of small cap shares on BSE — S&P BSE SmallCap index rose 1.7 percent.
✅ Overall market breadth was positive as 1,862 shares were advancing while 573 were declining on the BSE.
