The market capitalisation of BSE-listed companies reached the new record high of Rs 2,33,06,440.17 crore at the end of the day’s trade. Investors’ wealth has jumped Rs 1,42,806.24 crore in the two days of market rally.
“Despite negative global signals, domestic indices trimmed its early losses and soared high supported by robust Q1FY22 result expectations on IT sector and favourable economic outcomes,” Vinod Nair, Head of Research at
IT companies , HCL Tech and were the biggest gainers among the 30-share pack followed by L&T, , ITC and TCS.
On the other hand, Maruti, HUL, Dr Reddy’s, Nestle India and Titan were among the laggards.
In the broader market, the BSE midcap and smallcap indices gained up to 0.24 per cent.
Sectorally, BSE IT, teck, capital goods, healthcare, and metal indices closed up to 2.25 per cent higher, while realty, oil and gas, energy and auto indices, among others, ended the day lower.