Stock Market Today: Sensex, Nifty rise by a per cent; BSE Midcap, Smallcap hit 52-week highs5 min read 26 May 2023, 03:32 PM IST
Sensex closed with a gain of 629 points, or 1.02 per cent, at 62,501.69 while the Nifty closed at 18,499.35, up 178 points, or 0.97 per cent. Investors got richer by over ₹2 lakh crore in a day.
Domestic equity benchmarks the Sensex and the Nifty clocked strong gains on the first day of the June futures and options (F&O) series on Friday (May 25) with buying across sectors. The domestic market saw strong gains even though global cues were weak as the US futures were struggling while the European markets were in the red at the time of the closing of the domestic market.
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