The Sensex rose 367 points to close at 60,223 and the Nifty 50 index climbed 120 points to close at 17,925. Mid- and small-cap shares underperformed their larger peers as Nifty Midcap 100 index rose 0.15 per cent.
In the last four sessions, the Sensex has gained 4.2 per cent and Nifty has rallied 4.15 per cent.
The markets have begun 2022 on a strong note on hopes of reforms in the upcoming Union Budget to spur the economic recovery at a faster pace which has been impacted by the ongoing Covid-19 pandemic.
ICICI Bank, HDFC Bank, Reliance Industries, HDFC, Tata Consultancy Services, Bajaj Finance, Axis Bank and State Bank of India were among the top movers in the Sensex.
Reliance Industries advanced 1 per cent to hit an intraday high of Rs 2,383.90 after the company announced that it has acquired British battery maker Faradion.
Reliance Industries, ICICI Bank, HDFC Bank, Axis Bank, HDFC and Kotak Mahindra Bank were among the top movers in the Sensex.
Till December 29 this year, the Sensex has gained 10,055.16 points or 21.05 per cent and the index climbed to its all-time high of 62,245.43 points on October 19.
Eight of 15 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Realty index's 0.45 per cent decline.
Sentiment has become risk averse on Dalal Street as investors are assessing the economic impact of Omicron variant of Coronavirus on the economy.
From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
The 30-share index surged 477.24 points or 0.83 per cent to end at 57,897.48. Similarly, the Nifty rose by 147.20 points or 0.86 per cent to 17,233.45.
Tech Mahindra was the top gainer in the Sensex pack, rising over 3 per cent, followed by Dr Reddy’s, PowerGrid, Kotak Bank, Sun Pharma, ICICI Bank and M&M.
The BSE Sensex made history this year by breaching the 50,000-mark for the first time ever, and went on to scale the 60,000 level within the next seven months. It closed at its lifetime high of 61,765.59 on October 18.
The 30-share index jumped 611.55 points to end at 56,930.56. Similarly, the NSE Nifty ends above16,955.45. Rupee appreciated by 5 paise to close at 75.54 (provisional) against the US dollar.
Sensex surged over 400 points in early trade on Wednesday, while Nifty tops 16,900. The rupee appreciated 11 paise to 75.48 against the US dollar in opening trade.
Nifty 50 surged 156 points and closed at 16,770 levels whereas BSE Sensex appreciated 497 points and closed at 56,319 levels. The current market pattern displays a weak upside bounce in the market.
The 30-share index jumped 635.96 points or 1.14 per cent to 56,457.97 in the opening trade. Similarly, the Nifty advanced 187.05 points or 1.13 per cent to 16,801.25.
Indian indices witnessed their biggest single-day fall since April 2021; Nifty touched an intraday low of 16,410 while Sensex fell to 55,132. The bloodbath was across sectors.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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