Stock market today: Sensex gains 230 points, Nifty 50 ends above 23,700; banking stocks shine
Stock market today, May 22 -- The Indian stock market ended in the positive territory on Friday, with gains led by banking heavyweights, including ICICI Bank, HDFC Bank, and Axis Bank.
Market benchmarks remained in positive territory during the session, but gains were capped by elevated crude oil prices and rising concerns about inflation, which could lead to monetary tightening.
The Sensex ended at 75,415.35, up 232 points, or 0.31%, while the Nifty 50 settled at 23,719.30, up 65 points, or 0.27%.
Mid and small-cap segments underperformed as the BSE 150 Midcap index inched up by 0.11%, while the BSE 250 Smallcap index dropped 0.26%.
Trent, Axis Bank, ICICI Bank, and Asian Paints ended as the top gainers in the Sensex index, while Sun...
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