Sensex closed 595-pt, on Future and Option May Expiry

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Key benchmark indices ended the day significantly higher for the second consecutive day ahead of the expiry day of Future and Option (F&O), led by strong global cues.

The BSE Sensex closed the day higher by 595-pts at 32200 level, while the Nifty touched higher at 9490-level up by 175-pts in trade. All the key sectoral indices went up, with Banking stocks shining most.

Zee Entertainment, Eicher Motors, Larsen and Toubro (L&T), HeroMoto Corp, and HDFC Bank were major Nifty gainers, while Wipro, ITC, Cipla, SBI and JSW Steel were top losers. Track latest market updates Best stock future tips and intraday stocks future tips from here.

Shares of Aditya Birla Fashion and Retail Ltd rallied 10.13-pc even after the company reported a net consol-loss of Rs.146.59-Cr in the 4-quarter-ended March 31, 2020, led by the Covid pandemic.

Adani Power declined 2.30-pc in spite of the company reporting that MP Electricity Regulatory Commission has approved setting up of a 1320-Megawatt thermal power plant in MP.

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