Closing Bell: Sensex zooms 1,619 points, Nifty around 23,300; all sectors in the green

Closing Bell: Sensex zooms 1,619 points, Nifty around 23,300; all sectors in the green

 The two key equity benchmarks, Sensex and Nifty, on Friday extended their rally into a third day after the RBI kept the repo rate unchanged at 6.5 per cent. While all the NDA members formally accepted and appointed Narendra Modi as the leader of the alliance and backed his candidature for the Prime Minister’s post for a third term.

At the end of the trading day, the BSE Sensex zoomed 1619 points to 76,693 (2.16 per cent). On the other hand, the NSE Nifty50, closed at 23,290, up 469 points (2 per cent).

On the 30-share Sensex platform, all the constituents ended in the green, with M&M, Wipro, TechM, Infosys, Tata Steel, Airtel were among the gainers.

In the broader markets, the BSE Midcap and Smallcap indices advanced 1.28 per cent and 2.18 per cent, respectively.

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