Mid Day Bell: Sensex Outpaces Nifty as Oil & Gas Sector Drags Indices
Sensex surged 464.56 points to 79,774.57, significantly outpacing Nifty's modest 75-point rise to 24,611.65. Oil, Gas & Consumable Fuels sector dragged the market down by 2.65%, followed by weak performances in Textiles and Autos. Consumer Durables was one of the few bright spots, posting a marginal gain of 0.34%. Corporate news flow remained active with GAIL commissioning a new plant and DCW continuing its share buyback program.
Sensex surged 464.56 points to 79,774.57, significantly outpacing Nifty's modest 75-point rise to 24,611.65. Oil, Gas & Consumable Fuels sector dragged the market down by 2.65%, followed by weak performances in Textiles and Autos. Consumer Durables was one of the few bright spots, posting a marginal gain of 0.34%. Corporate news flow remained active with GAIL commissioning a new plant and DCW continuing its share buyback program.
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