DSIJ Mindshare

The domestic markets maintained a positive momentum through the trading session supported by optimistic global cues and a few domestic factors which caused a rally in realty, automobile and banking stocks. Sensex ended 379.43 points or 0.64 per cent up at 59,842.21 while Nifty settled 127.10 points or 0.72 per cent up at 17,825.30 level. 

Benchmark indices registered a positive close on Thursday with Sensex gaining 500 points while Nifty advancing 124 points. 

On Wednesday, the benchmark Indices closed flat amid volatility. Strong buying is seen in capital goods and metal stocks while IT stocks were under selling pressure today. 

On Friday, with the dovish Monetary Policy by RBI, the repo rate hike of 50 basis points kept the bulls in action while bears tried to drag the indices as inflation projections were maintained for fiscal 2022-23 in spite of three consecutive rate hikes. 

On Thursday, the equity markets ended marginally down as investors booked profit post six consecutive positive trading sessions and ahead of the RBI monetary policy outcome on Friday.