Markets extend gains as US banks liquidity rescue gives relief; Nifty hits 17,100, Sensex nears 58k; HCL Tech top gainer2 min read 17 Mar 2023, 04:49 PM IST
Sensex closed at 57,989.90 up by 355.06 points or 0.62%. Nifty 50 rose by 114.45 points or 0.67% to end at 17,100.05. Bank Nifty rallied nearly 466 points or 1.2%, while BSE Bankex surged by over 541 points or 1.2%.
Markets extended their gaining spree on Friday driven by broad-based buying with banking, realty, and metal stocks outperforming the board. Sensex neared the psychological mark of 58,000, while Nifty 50 regained a little over the 17,100 level. The sharp rebound in global cues on expectations of relief in banks turmoil boosted domestic equities.
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