Stocks

Sensex gains over 550 points, Nifty ends at 11,300; UltraTech up 7%

BL Internet Desk | Updated on July 28, 2020 Published on July 28, 2020

The Indian equities ended the day on a strong note helped by banking stocks. The BSE Sensex closed 1.47 per cent higher at 38,492 while the Nifty 50 index ended up 1.5 per cent higher at 11,300. Out of the Nifty 50 stocks, 42 scrips closed with gains. UntraTech emerged as the top gainer, closing 7 per cent higher after the announcement of Q1 results.

Auto stocks were the top performers in today's session with Nifty auto index gaining 3.2 per cent. Other gainers included the Nifty IT up 2.3 per cent, Nifty Metal up 2.2 per cent and the Nifty Realty index rising 1.6 per cent.

The midcap index underperformed with gains of 0.9 per cent while the smallcap index closed with a rise of 1.4 per cent.

Market breadth was positive, with 955 stocks gained while 872 declined. 

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Published on July 28, 2020
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