Sensex ends 273 points higher despite sharp dip in Q1 GDP
Updated:5 years, 5 months ago
New Delhi, Sep 01 (ANI): Investors brushed aside nearly 24 per cent fall in the economy during Q1 FY21 that was largely expected with equity benchmark indices closing higher on Tuesday after a volatile trading session. The BSE S-P Sensex closed 273 points or 0.71 per cent up at 38,901 while the Nifty 50 gained by 83 points or 0.73 per cent at 11,470. Except for Nifty IT and banking stocks, which fell marginally, all sectoral indices at the National Stock Exchange were in the green with Nifty metal gaining by 3.1 per cent, pharma by 2.3 per cent and FMCG by 1.3 per cent. Among stocks, Bharti Airtel was the top winner with a gain of 7.1 per cent at Rs 549.60 per share after the Supreme Court allowed telecom operators to pay adjusted gross revenue (AGR) dues over 10 years.
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