Share Market News: Reliance, Infosys, and TCS lead gains as the Sensex ends 600 points higher and the Nifty closes above 16500

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Sensex, Nifty, and Share Prices Today’s Share Market News Highlights: In line with favourable market sentiment worldwide, Indian equity markets closed the day higher for the fourth straight day. The Nifty50 index ended at 16,521, up 180 points or 1.1%, while the S&P BSE Sensex closed at 55,397, up 630 points or 1.15%.

Sensex, Nifty, and Share Prices Today’s Share Market News Highlights: In line with favourable market sentiment worldwide, Indian equity markets closed the day higher for the fourth straight day. The Nifty50 index recaptured the 16,500-mark to end at 16,521, up 180 points or 1.1%, while the S&P BSE Sensex closed at 55,397, up 630 points or 1.15%. Sectorally, the Nifty IT index increased by 3%, while the Nifty FMCG index followed (up by over 1%). Negatively, the Nifty Realty index decreased by 0.29%.

The frontline indices, however, outperformed the overall market today as they increased by 0.42%. The leading gainers were ONGC, Tech M, Reliance Industries, TCS, HCL Tech, SBI, and Infosys, rising between 2% and 3.7%. On the other hand, HDFC Life, M&M, Eicher Motors, and Sun Pharma were the losers, down up to 2%.