Mint Evening Market Wrap artwork

01.04.2021 | Markets kicked-off the new financial year on a strong note

Mint Evening Market Wrap

English - April 01, 2021 13:01 - 2 minutes - 2.71 MB
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Previous Episode: 31.03.2021 | Markets closed last trading day of FY21 on a weak note
Next Episode: 05.04.2021 | Markets slump nearly 2% as second covid wave grips the nation

Indian equity indices kicked-off the new financial year on a strong note. Apart from global cues, rally in metals, banks and auto stocks drove the markets higher. Nifty rose 177 points to 14867.35 while Sensex jumped 520 points to close little above the 50,000 mark. Broader markets outperformed the benchmarks; Nifty Midcap100 rose 1.79% and the Nifty Smallcap100 surged more than 2%. As far as the weekly performance goes, both the Nifty and the Sensex were up 2% each.