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Mumbai. Domestic stock markets witnessed a huge swing of 982 points on Thursday and major indices finally closed in the green after recovering from the initial fall. BSE Sensex rose 221.69 points (0.27 percent) to 82,566.37. The Nifty-50 index of the National Stock Exchange also stood at 25,418.90 points with an increase of 76.15 points or 0.30 percent. Sensex opened with a gain of 24 points and went into the red as soon as it opened.

However, after the presentation of the Economic Survey for the financial year 20225-26 in the Parliament, the market regained its momentum. At one time it had fallen by 637 points to 81,707.94 points. Later it also climbed up to 82,689.96 points. There was growth in medium and small companies also. Nifty Midcap-50 index and Smallcap 100 index recorded a similar strength of 0.20 percent.

There was heavy buying in companies in metal, private banking, realty and oil and gas sectors. At the same time, selling dominated in companies of FMCG, IT, auto, pharma, public banks, health, consumer durables and chemicals groups. Among Sensex companies, Tata Steel’s share rose by almost four and a half percent.

There was a rise of around three and a half percent in L&T and Axis Bank. Eternal’s shares also rose by more than three percent. Shares of NTPC and Adani Ports gained between two to three percent. ICICI Bank was up by more than one percent. Shares of PowerGrid, Bharti Airtel and HDFC Bank also closed in the green.

There was a decline of 1.45 percent in Asian Paints. Shares of Indigo and Maruti Suzuki fell two and a half percent each. Shares of BEL, Mahindra & Mahindra, TCS, Sun Pharma, Hindustan Unilever and Trent fell by one to two percent. Shares of Titan, ITC, HCL Technologies, Infosys, UltraTech Cement and Reliance Industries also closed in the red.

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