Sensex gained 253 points, Nifty ended at 22,464.80

On May 17, the Indian stock market closed the trading session on a positive trajectory, with the benchmark equity indices reflecting gains.

The BSE Sensex surged by 253.31 points, or 0.34%, reaching a closing figure of 73,917.03. Similarly, the NSE Nifty 50 also exhibited a positive trend, concluding the day’s trading with a gain of 62.25 points, or 0.28%, settling at 22,466.10.

The Bank Nifty, representing the banking sector, followed suit by closing up 138.60 points, or 0.29%, at 48,115.65. In line with the overall bullish sentiment, the Nifty Midcap 100 index also ended the day in the green, recording an increase of 451.60 points, or 0.88%, finishing at 51,604.90.

These gains across various indices indicate a broad-based optimism among investors, driven by positive market sentiments and economic indicators. However, analysts remain watchful of potential challenges such as geopolitical tensions and inflationary pressures. Nonetheless, the day’s positive performance underscores the resilience of the Indian stock market and hints at a continued upward trajectory in the near future.

Investors are likely to monitor upcoming developments closely to gauge the market’s direction and make informed investment decisions.

News Bureau
News Bureau
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