Share Market LIVE: Sensex regains 52,000 on opening, Nifty nears 15,700; Power Grid, RIL top gainers

India VIX settled at 14.75 on Wednesday, down 3.1%.
(Image: REUTERS)

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets regained positive momentum on Thursday’s opening bell. S&P BSE Sense regained 52,000 on opening while the Nifty 50 mark was still below 15,700. Power Grid, Tech Mahindra, IndusInd Bank, and ITC were the top gainers on Sensex. Reliance Industries was also seen surging higher on the opening bell. Bajaj Auto, Asian Paints, and Maruti Suzuki India were the laggards on Sensex, accompanied by Bharti Airtel and ICICI Bank. Broader markets were outperforming benchmark during the early hours of trade. India VIX, the volatility gauge was up 2%, crossing 15 levels. Bank Nifty was up 0.26%.

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Vaccination and front-loading of fiscal measures could be key to reviving investment and consumption in the economy, the finance ministry said on Wednesday. In its latest monthly report on the economy, the department of economic affairs said as witnessed in the March quarter, where “growth in capex generated positive spill-overs for consumption, including in the contact-sensitive sectors, these steps would facilitate recovery post the second wave”. The report said that vaccinating 75-80% of the population, to achieve herd immunity, will boost consumer and producer confidence and reinvigorate the engines of economic growth.

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