Sensex extends gains for 6th day to reclaim 56k mark

Bombay Stock Exchange Building
Bombay Stock Exchange BuildingSource: Wikipedia/BSEINDIA

Mumbai, July 22: Equity benchmark Sensex stretched its winning run to the sixth straight session on Friday to reclaim the 56,000-level due to robust gains in banking and financial stocks amid a largely positive trend in overseas markets.

The 30-share BSE benchmark rose 390.28 points or 0.70 per cent to settle at 56,072.23. During the day, it advanced 504.1 points or 0.90 per cent to 56,186.05.

The broader NSE Nifty climbed 114.20 points or 0.69 per cent to 16,719.45.

Among the Sensex constituents, UltraTech Cement, HDFC, HDFC Bank, Axis Bank, ICICI Bank, Titan Company, Kotak Mahindra Bank and Hindustan Unilever were the lead gainers.

Infosys, NTPC, Power Grid, Wipro & IndusInd Bank were the major laggards.

The market breadth was in favour of the bulls, with 18 of the 30 Sensex stocks closing in the green.

In the broader market, the BSE smallcap gauge went higher by 0.21 per cent, while the midcap index dipped by 0.17 per cent.

A total of 1,781 stocks advanced, while 1,541 declined and 147 remained unchanged.

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