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Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain
Energy-linked stocks bucked the trend of broader market fall, with the Nifty Energy index rising about 1.9 percent and the Nifty Oil & Gas index gaining around 0.9 percent. The rally in gas stocks followed the government’s move to stabilise domestic fuel supplies amid geopolitical disruptions.
Taking Stock: Sensex, Nifty end flat as late selling erases gains; metals lead losses
Sectorally, FMCG and private banking stocks outperformed, whereas all other major indices ended in the red, with media, realty, energy, metal, oil & gas, and PSU bank indices falling 1-2%.
Sensex Today | Stock Market Live: Sensex jumps 880 pts, Nifty above 24,250; all sectors rally
Sensex Today | Stock Market LIVE Updates: Maruti Suzuki, Adani Ports, Bajaj Auto, HUL, Tata Consumer were among major gainers on the Nifty, while losers were Kotak Mahindra Bank, Dr Reddy's Labs, ONGC, Eternal and Adani Enterprises. All the sectoral indices are trading in the green with auto, FMCG, realty, power, telecom up 1% each. Nifty Midcap and Smallcap indices up 0.7% each.