Indian stock market today: Frontline indices, the Sensex and the Nifty 50, ended higher on Tuesday, October 7, extending their gains for the fourth consecutive session, amid mixed global cues.
The domestic market ended higher, but gains were capped due to some profit booking ahead of the start of the Q2 earnings season.
Select heavyweights, including HDFC Bank, ICICI Bank, Bharti Airtel and Reliance, remained the top contributors to the rise in the Sensex index. However, Axis Bank, Infosys, SBI, and Tata Motors were among the top drags on the index.
The Sensex closed 137 points, or 0.17 per cent, higher at 81,926.75, while the Nifty 50 ended at 25,108.30, up 31 points, or 0.12 per cent. The BSE Midcap index jumped 0.45 per cent, but the Smallcap index ended with a loss of 0.15 per cent.
Indian stock market: 10 key highlights from the day
1. What moved the Indian stock market?
The Sensex and the Nifty 50 closed higher for the fourth consecutive session, as investors continued to buy select heavyweights, anticipating an earnings revival in the backdrop of healthy growth-inflation dynamics and GST reforms.
(This is a developing story. Please check back for fresh updates.)
Read all market-related news here
Read more stories by Nishant Kumar
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
