Sensex rises 291 points, Nifty tops 24,100 on cooling crude and FII support
Mumbai, June 22 -- Domestic equities advanced on Monday as cooling oil prices and fresh FII inflows fuelled risk appetite. Buying in heavyweight Reliance Industries and healthcare counters propelled the Nifty past the 24,100 level. The gains were partly offset by weakness in consumer durables and FMCG stocks.
The S&P BSE Sensex gained 291.17 points or 0.38% to 77,094.07. The Nifty 50 index jumped 89.80 points or 0.37% to 24,102.90.
Infosys (up 1.29%), Reliance Industries (up 1.16%) and HDFC Bank (up 0.74%) boosted the Nifty higher today.
The broader market outperformed the frontline indices. The BSE 150 MidCap Index jumped 0.43% and the BSE 250 SmallCap Index rose 0.76%.
The market breadth was strong. On the BSE, 2,634 shares rose and...
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