In a noteworthy market turnaround, the BSE Sensex index surged by 556 points, reaching 65,387 points, while the Nifty 50 index rose by 182 points, closing at 19,435 points. The Nifty Bank index registered a gain of 447 points, reaching 44,436 points. Simultaneously, the Midcap Index climbed by 327 points, ending the session at 39,446 points. Among the top gainers on the Nifty were NTPC, ONGC, JSW Steel, and Tata Steel, while the losers included Cipla, HDFC Life, Dr. Reddy’s Laboratories, UltraTech Cement, and Nestle India. This positive momentum marks the first weekly gain for Nifty 50 after five consecutive weeks of losses, resulting in investors’ wealth increasing by a staggering Rs 5.5 trillion.
