Stock Market
Sensex spurts by 424.11 pts during the week
Mumbai/UNI: The BSE Sensex gained 424.11 points or 0.87 pc at 49,206.47 in a week, as robust corporate results and positive global cues propped up risk appetite despite the COVID-19 overhang.
The Reserve Bank of India’s (RBI) measures to tackle the rising second wave of the COVID-19 pandemic also boosted a progressive sentiment
The Nifty gained 192.05 points or 1.31 pc to settle at 14,823.15.
The BSE Mid-Cap added 296.41 or 1.46 pc to settle at 20,608.61. The BSE Small-Cap advanced 547.99 points or 2.53 pc to settle at 22,218.10.
On Monday the Sensex fell 63.84 points to settle at 48,718.52. However, Nifty rose 3.05 points to settle at 14,634.15.
On Tuesday the Sensex fell 465.01 points to settle at 48,253.51. Nifty too declined 137.65 points to settle at 14,496.50.
On Wednesday after the Reserve Bank of India (RBI) announced measures to tackle the rising second wave of Covid 19 Sensex rallied 424.04 points or 0.88 pc to 48,677.55, while Nifty gained 121.35 points to settle at 14,617.85.
On Thursday tracking positive global shares. Sensex rose by 272.21 points to settle at 48,949.76. Nifty gained 106.95 points to settle at 14,724.80.
On Friday the Sensex rose 256.71 points to settle at 49,206.47. Nifty gained 98.35 points to settle at 14,823.15.
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