Sensex ends 300 points higher, Nifty Stocks Market Prediction Tomorrow

Stock Closing Update- Equity indices finished the trading session on a strong note amid strong Asian markets after comments from Fed Reserve official eased concerns about faster rate hikes in U.S. The BSE Sensex closed higher by 303.60 points to 34,445.75 and the NSE Nifty finished higher by 91.55 points to 10,582.60. 

Shares of Tata Motors, Maruti Suzuki, IndusInd Bank, Axis Bank and L&T pulled led the Sensex rally. In the broader Nifty-50, L&T, IndusInd Bank and United Phosphorus Ltd shares gained by more than 3% each. Across these indices, shares of Sun Pharma, Infosys, TCS, ITC and Tech Mahindra lost more than 1.5% each. 

Heavy buying momentum picked up in realty, auto, industrials, capital goods, Oil and gas, basic materials, banks, financials, energy and metal counters amid higher Asian cues. 

The Nifty Realty index surged over 3 percent led by a rise in shares of Prestige Estates Projects and Oberoi, while Nifty Auto index ended over 2 percent higher led by Maruti Suzuki India and Tata Motors. 

Nifty Gainers & Losers: Maruti Suzuki (up 4.04%) Tata Motors (up 3.50%), Larsen & Toubro (up 3.25%), IndusInd Bank (up 2.94%) and UPL (up 2.90%).  Among the losers, Sun Pharma (-2.50%), TCS (-1.63%), Tech Mahindra (-1.61%), Infosys (-1.36%) and ITC -1.12%) edged lower.