Share Market Highlights: Sensex closes 260 pts higher, Nifty at 14,199; Axis Bank up 6%, HDFC gains 2.7%

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Share Market Today, Share Market LiveSensex, Nifty began the day in red but ended near their all-time highs.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty began the day’s trade in red but ended with gains, once again setting fresh all-time highs. S&P BSE Sensex closed at 48,437 while the 50-stock NSE Nifty ended at 14,199. Axis Bank shares jumped 6.48% to end as the top Sensex gainer, followed by HDFC, IndusInd Bank, and TCS. Broader markets outperformed benchmark indices once again. Among Nifty sectoral indices, only Nifty Auto, Nifty Metal and Nifty Realty ended with losses.   

The Association of Mutual Funds in India (AMFI), yesterday released the classification list of large-cap, midcap, and smallcap stocks. AMFI has added, Yes Bank, Adani Enterprises, PI Industries, Jubilant FoodWorks, Gland Pharma and HAL to the large-cap category. AMFI has also downgraded NMDC, Bank of Baroda, MRF, and United Breweries to midcaps from large-cap category. Additionally, Dixon Technologies, Laurus Labs, Deepak Nitrite, and Indiamart Intermesh have been classified as midcap stocks. Mutual funds will now have to adjust their portfolios according to the latest classification.

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