Stock Market Bounces Back: Sensex Rises 335 Points; Nifty Settles At 22,151

The two key equity benchmarks, Sensex and Nifty, on Thursday bounced back led by gains in index heavyweights Bharti Airtel, Larsen & Toubro, and IT shares. The BSE Sensex jumped 335 points to close at 73,097. On the other hand, the NSE Nifty50 settled at 22,151, up 153 points.

On the 30-share Sensex platform, HCLTech, Wipro, Infosys, Airtel, M&M, L&T emerged gainers. On the down side, Axis Bank, IndusInd Bank, Bajaj Finance, JSW Steel, SBI, Tata Steel were among the losers.

In the broader markets, the BSE Midcap rose 2.3 per cent, while the Smallcap jumped 3.1 per cent.

Sectorwise, except for bank, all other indices closed in the green. Telecom, power, oil & gas advanced 3 per cent each, while auto, capital goods, FMCG, Information Technology, healthcare and metal gained 1-2 per cent.

In the previous session on Wednesday, the BSE Sensex plunged 906 points to end at 72,762, while the NSE Nifty50 slumped 338 points to 21,998.