Market at close: GDP data drives Nifty to record high, ends above 22,300

By Vivek Dubey

CNBC-TV18.com

Published Mar 01, 2024

Top Nifty contributors: Reliance, ICICI, HDFC Bank.

Nifty ends above 22,300.

Market posts a record high close on strong GDP data;

Nifty Bank gains 1,166 points to 47,287; Midcap Index 455 points to 48,791.

Sensex rises 1,245 points to 73,745; Nifty 356 points to 22,339.

Tata Steel top Nifty gainer.

Metals, OMCs surge on positive brokerage reports.

TVS Motor up nearly 5%, Maruti up 3%.

Autos rise on above estimated February sales.

CG Power up more than 54% on semicon plant cabinet nod.

All Nifty Bank components end in the green, rising up to 3%.

L&T ends nearly 5% higher.

L&T, HAL surge on defence contracts.

Max Health down 7%.

Pharma, hospital stocks extend losses on Supreme Court ruling.

BPCL up more than 3%.

OMCs end higher after HSBC ups target.

BSE companies gain a market cap of nearly 4.2 lakh crore in today’s session.

Market breadth favours advances; advance-decline ratio at 2:1.