May 12, 2026 01:56 am (IST)
Follow us:
Reliance boosts market on Wednesday but IT stocks cap the gain
Mumbai, Feb 22 (IBNS): The Indian market ended Wednesday on a mixed note, with BSE Sensex up 103.12 points at 28864.71 and NSE Nifty up 19.05 points at 8926.90 but the market breadth was negative, with nearly 1763 shares declining and 1088 shares advancing on the BSE.
Reliance, which posted its biggest single day gain since May 19, 2009, jumped 11 percent to close over Rs 1200-mark, which boosted the market.
But IT and HDFC Group stocks capped the gains.
Some of the key stocks that gained on Wednesday were Axis Bank, Coal India and Asian Paints while TCS, Infosys, HDFC and HDFC Bank declined.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Muthoot Finance marks 15 years of listing on Indian Stock Exchanges; market cap surges from Rs. 60 billion to Rs. 1.5 trillion
Mon, May 11 2026
Sensex at 3 lakh by 2036? Market veteran Raamdeo Agrawal makes bold prediction amid current market volatility
Mon, May 11 2026
Jewellery stocks tumble! Titan, Senco Gold, Kalyan down up to 10% after Modi’s gold appeal
Mon, May 11 2026
Sensex crashes over 1,000 points as West Asia tensions rattle markets, oil prices surge
Mon, May 11 2026
AI takes over? Cloudflare cuts 1,100 jobs as AI surges
Fri, May 08 2026
Profit jumps 30%! Aditya Birla Capital posts strong Q4 FY26 results
Fri, May 08 2026
Claim Settlement Ratio Explained: How It Affects Your Policy
Thu, May 07 2026