Stock Market at Close: Sensex, Nifty End in Green; Reliance Industries, Maruti Top Gainers

The Indian stock market extended the morning gains and closed in the red on March 27, 2024. At close, Sensex was up 526 points at 72,996.31 while Nifty gained 119 points and ended the session at 22,123.65.

Among sectors, auto, bank, capital goods, power, realty, and telecom were up 0.5-1 percent. Metal, IT, and media were down 0.3-0.5 percent.

Around 1,531 stocks advanced and 2,308 declined while 110 stocks remained unchanged.

Top Nifty50 Gainers

Top Nifty50 Losers

Asian Markets End Mixed

Major Asian markets ended on a mixed note on March 27. Japan’s Nikkei 225 rebounded 0.9% to close at 40,762.73 higher, while the broad-based Topix rose 0.66% to 2,799.28. Hong Kong’s Hang Seng index fell 1.44%.

European Markets were trading on a mixed note with the regional Stoxx 600 index trading lower by 0.04%. FTSE was down 0.28 percent at 7,909.05 while CAC was trading at 8,185.52. The German DAX gained 0.25 percent at 18,430.04.

Also read: TAC Infosec IPO: Check Out Price Band, Issue Size & More

Top News in Focus

BSE releases list of 25 stocks that will be eligible for the T+0 settlement cycle

BSE released the list of 25 stocks that will be eligible for the T+0 settlement cycle from March 28 to March 27. BSE said that Ambuja Cements, Ashok Leyland, Bajaj Auto, Bank of Baroda, BPCL, Cipla, and three Tata Group stocks are among those eligible for the settlement cycle.

Maruti Suzuki becomes 19th listed Indian firm to cross Rs 4 lakh cr m-cap

On March 27, Maruti Suzuki India Ltd became India’s 19th listed company to surpass the Rs 4 lakh crore market capitalisation milestone. Its shares surged over 23 percent since the beginning of 2024. The stock closed at Rs 12,550 per share on BSE, recording an increase of Rs 294.05 or 2.4 percent. The market capitalisation at the close stood at Rs 3,94,575.23.

Wockhardt Hits 5% Upper Circuit

Wockhart share price hit a 5 percent upper circuit after Madhu Kela and Prashant Jain invested in the company’s Rs 480-crore Qualified Institutional Placement (QIP). Institutions that were allotted 5 percent or more of the QIP included former HDFC Mutual Fund veteran Prashant Jain’s managed 3P India Equity and Madhusudan Kela’s Cohesion MK Best Ideas. Prashant Jain’s 3P India Equity picked up a 16.04 percent stake or 14,89,360 shares, while Madhusudan Kela’s Cohesion MK Best Ideas acquired a 6.25 percent stake or 5,80,270 shares, according to data available on BSE.

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