Investing
Sensex closes up after volatile session, led by Adani and energy stocks
© Reuters.
Indian stock markets witnessed a choppy trading session on Tuesday, with the Sensex closing at 66,174.20, marking a positive end after a day of fluctuations. The Nifty approached the 19,900 level, buoyed by strong buying in select sectors. Key contributors to the market’s momentum were Adani Enterprises, Bharat Petroleum Corporation Limited (BPCL), and Coal India, which saw significant gains.
The energy sector, including power and oil & gas companies, outperformed, with a notable increase of around 3%. This surge came despite some selling activity observed in the Fast-Moving Consumer Goods (FMCG) sector. On the other hand, Eicher Motors and Apollo Hospitals did not fare as well, lagging behind in the day’s trading.
The overall market breadth remained stable, as evidenced by a small gain in the BSE midcap index. The smallcap index closed flat.
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