CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

MARKETS: Sensex holds gains, rises 1,000 pts; Nifty50 tests 16,650

<b>CLOSING BELL<br />
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Stock market highlights:&nbsp;</b>Equity markets rose in tandem with global peers even as Brent crude prices went past the $120/barrel-mark. The S&P BSE Sensex held on to its gains as it ended 1,041 points, or 1.9 per cent, higher at 55,926. The Nifty50, too, surpassed the crucial 16,650-mark to end at 16,661, up 309 points or 1.89 per cent.<br />
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	The broader BSE MidCap and SmallCap indices also climbed over 2 per cent each.&nbsp;</div>
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	Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers, rallying between 3 per cent and 5 per cent. Ultratech Cement, Bajaj Finance, Wipro, Bharti Airtel, and HDFC, meanwhile, added over 1.5 per cent each.<br />
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	<a href="https://www.business-standard.com/markets-stocks" target="_blank"><strong>CLICK HERE FOR MARKET SNAPSHOT</strong></a></div>
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	In the mid- and small-cap space, 3M India, Jubilant FoodWorks, IRCTC, Crompton Greaves, Ashoka Buildcon, Technicraft Industries, and Unichem Labs were the outperformers.</div>
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	Sectorally, the Nifty IT and Realty indices advanced 4 per cent each; the Nifty PSU Bank index 3.3 per cent; and the Nifty Auto index 2 per cent.<br />
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	<strong>ALSO READ:&nbsp;<a href="https://www.business-standard.com/article/markets/sensex-powers-up-over-1-100-points-what-s-fueling-the-surge-on-monday-122053000432_1.html" target="_blank">What fuelled the surge on Monday?</a></strong></div>
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	<strong>New listing</strong></div>
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	Shares of Ethos ended at Rs 802 per share, down 8.6 per cent as against its issue price of Rs 878, on the BSE.&nbsp;&nbsp;</div>
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	<strong>ALSO READ:&nbsp;<a href="https://www.business-standard.com/article/markets/key-lessons-for-investors-from-stock-market-s-bear-phase-in-2010-2011-122053000222_1.html" target="_blank">Key lessons for investors from stock market&#39;s bear phase in 2010-2011</a><br />
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	Global markets</strong></div>
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	European stocks advanced on Monday as the US dollar weakened. The pan-European Stoxx 600 added 0.8 per cent in early trade, with tech stocks climbing 2.5 per cent to lead gains. Markets in the US are closed Monday for the Memorial Day holiday.&nbsp;</div>
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	Earlier in Asia, Japan&#39;s Nikkei 225 added 2.3 per cent, and South Korea&#39;s Kospi gained 1.2 per cent.&nbsp;&nbsp;</div>

RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

Business Standard

RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9% | News on Markets - Business Standard

Sensex steady near the high's of the day, up 900 points

Ethos debuts on a weak note; stock lists at 6% discount to issue price

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	Ethos, luxury and premium watch retail player, made a weak debut on the bourses with its shares listed at Rs 825, a 6 per cent discount when compared to its issue price of Rs 878 per share on the National Stock Exchange (NSE) on Monday. Post listing, the stock hit a high of Rs 839.95 and a low of Rs 800, the exchange data shows. <a href="https://www.business-standard.com/article/markets/ethos-debuts-on-a-weak-note-stock-lists-at-6-discount-to-issue-price-122053000278_1.html?1653886039" target="_blank"><strong>READ MORE</strong></a><br />
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		<img align="" alt="Ethos, Luxury watch player, Store" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-05/17/full/1652802349-6806.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Ethos" width="620" /></div>
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Nifty IT gains over 2% led by Coforge, Mphasis

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M&M hits 52-week high after profit jumps 17% in Q4

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Purvankara rises 3% after firm recommends Rs 5 dividend

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Indigo slips after DGCA slaps Rs 5 lakh fine

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Nykaa surges over 3% despite muted Q4 results

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Opening bell: JSW Steel, Kotak Bank the only Nifty 50 losers

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Opening bell: Infosys, UPL, HCL Tech top Nifty 50 gainers

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Opening bell: Broader markets outshine benchmark; India Vix slips 5%

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Opening bell: All sectors off to a positive start; IT stocks shine

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Opening bell: Only 3 Sensex stocks in negative territory

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Opening bell: Marvelous Monday! Nifty 50 opens above 16,500

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Opening bell: Sensex opens higher by over 600 points

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CURRENCY CHECK: Rupee opens 9 paise lower against US dollar

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