"sensex"

On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 270.03 points higher at 49,429.35.

PowerGrid was the top gainer in the Sensex pack, rising over 2 per cent, followed by M&M, NTPC, IndusInd Bank, Bajaj Finance.

Markets opened gap down following strict guidelines issued in Maharashtra amidst rising coronavirus cases with financial and rate-sensitive stocks taking indices down.

IndusInd Bank was the top laggard in the Sensex pack, shedding over 3 per cent, followed by Bajaj Finance, Axis Bank, SBI, Bajaj Auto.

Market experts said the trading started the new financial year on a robust note led by optimism in global markets

Domestic equities traded lower as concerns pertaining to spike in COVID-19 cases

The 30-share BSE index ended 1,128.08 points or 2.30 per cent higher at 50,136.58, and the broader NSE Nifty surged 337.80 points or 2.33 per cent to 14,845.10.

The 30-share BSE index was trading 510.31 points or 1.04 per cent higher at 49,518.81, and the broader NSE Nifty surged 162.70 points or 1.12 per cent to 14,670.

This extraordinary rally holds significance as markets faced volatile trends this fiscal. The BSE benchmark hit its one-year low of 27,500.79 on April 3 last year.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent to 92.78.

L&T was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bajaj Finserv, M&M, Tech Mahindra, NTPC, Asian Paints, ICICI Bank and HDFC duo.

IndusInd Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by Maruti, SBI, Axis Bank, Bajaj Finance, Reliance Industries, Infosys and HDFC Bank.

ONGC was the top loser in the Sensex pack, shedding around 2 per cent, followed by SBI, ICICI Bank, IndusInd Bank, Reliance Industries and Infosys.

Global oil benchmark Brent crude futures fell 0.94 per cent to USD 64.01 per barrel.

IndusInd Bank was the top gainer in the Sensex pack, rising around 2 per cent, followed by Axis Bank, HDFC Bank, ICICI Bank, UltraTech Cement and Maruti.

Foreign portfolio investors (FPIs) have bought close to a net USD 2.5 billion worth of Indian equities so far this month.

PowerGrid was the top loser in the Sensex pack, shedding around 2 per cent, followed by Reliance Industries, ICICI Bank, HDFC Bank and IndusInd Bank.

NTPC was the top gainer in the Sensex pack, rallying over 4 per cent, followed by HUL, PowerGrid, Reliance Industries, ITC, UltraTech Cement and Bajaj Finance.

The dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.05 per cent to 91.81.

ONGC was the top loser in the Sensex pack, slumping around 5 per cent, followed by L&T, Bajaj Finance, M&M, Maruti, SBI, Titan, HDFC twins and Reliance Industries.