Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks Sensex and Nifty ended nearly 7 per cent higher on Wednesday led by buying in index heavyweights such as RIL, HDFC twins, Kotak Mahindra Bank and Maruti. S&P BSE Sensex ended 1,861 points or 6.98 per cent higher at 28,535.78, while the broader Nifty 50 index settled at 8297, up 497 points or 6.37 per cent. As many as 25 stocks out of 30 Sensex stocks finished trade in green, with RIL as the top Sensex gainer, up 14 per cent to Rs 1,071, followed by HDFC Bank up 13 per cent and Kotak Mahindra Bank. Conversely, IndusInd Bank was the top Sensex laggard, down 3.33 per cent followed by ONGC, HCL Tech and ITC. All the sectoral indices settled higher today. Nifty Financial Services index jumped 9.69 per cent led by gains in ICICI Prudential Life Insurance Company, ICICI Lombard General Insurance Company and Shriram Transport Finance Company. Similarly, Nifty Bank index gained 1441 points or 8.43 per cent driven by HDFC Bank, Kotak Mahindra Bank and Axis Bank.
Announcing the raft of decisions, which contain relief to both companies and individuals, finance minister Nirmala Sitharaman also pledged a broader economic relief package soon. “No move to impose financial emergency, as was claimed by some reports,” the minister said, asserting the government’s ability as well as willingness to deal the situation appropriately.