Sensex gains 287 points, Nifty 50 ends at 24,335- What drove the stock market up today?
New Delhi, Aug. 25 -- Sensex, Nifty, stock market today: Frontline indices, the Sensex and the Nifty 50, ended with decent gains on the monthly expiry day on Tuesday, 25 August, as a decline in oil prices influenced sentiment.
The 30-share pack closed 287 points, or 0.37%, higher at 77,656, while the NSE counterpart settled at 24,335, rising 116 points, or 0.48%. Midcaps also witnessed healthy buying, as the Nifty Midcap 150 rose by 0.45%. However, the Smallcap 250 index slipped 0.15%.
Market benchmarks rose on buying in select heavyweights amid a decline in crude oil prices due to profit booking, even as the US ramped up economic pressure on Iran and its trading partners, and Tehran warned it would respond harshly to the expanded US sa...
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