BSE Sensex Surges For 6th Straight Session: Surges Over 800 Points on March 24

The Indian stock market rallied for the 6th straight trading session after witnessing a series of corrections. At 09:18 AM, BSE Sensex soared over 550 points after the market opened and was trading above the 77,400 level. The gain in 30 shares of BSE Sensex continued and rose ~1.15% to 77,787.74 at 11:50 AM.

The gain in the market was further strengthened by the Indian rupee extending its winning streak for a 9th consecutive session on March 24, backed by revived foreign inflows and declining crude oil prices. The Indian rupee opened 4 paise stronger at 85.94 against the US dollar, compared to Friday’s close of 85.98.

Sectoral Performance

At 11:50 AM, the BSE Sensex Advance/ Decline ratio stood at 23/7, which means 23 stocks were in green while 7 were in red. All the sectoral indices were in green on BSE, where BSE Bankex and BSE Industrial led the market rally with a rise of 2.18% and 2.02%, respectively.

Top Gainers and Losers on BSE Sensex

Kotak Mahindra Bank, NTPC and Powergrid shares led the top gainers on BSE Sensex with a rise of 4.49%, 3.65% and 2.31%, respectively. On the other hand, Titan, M&M and IndusInd Bank fell by 2.58%, 2.26% and 1.52%, respectively and became top losers for the day.

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