The BSE Sensex added 326.84 points or 0.62% to settle at 53,234.77. During the day, it jumped 394.06 points or 0.74% to 53,301.99. The NSE Nifty surged by 83.30 points or 0.53% to close at 15,835.35.
Also Read | Explained: Why are tech companies laying off thousands of employees
The broader indices ended in green with the BSE Mid cap index up by 0.82%, while the Small cap index was up by 0.59%. On the sectoral front, FMCG was up by 2.49%, Bankex was up by 1.08%, Capital Goods was up by 0.97%, Consumer Durables was up by 0.82% and Industrials was up by 0.74%, while Metal down by 1.49%, Energy down by 0.50%, Oil & Gas down by 0.46%, IT down by 0.42% and TECK down by 0.21% were the top losing indices on BSE.
Also Read | Closing Bell: Sensex jumps 326 points, Nifty closes at 15,835
Here are the key stocks that moved the most on July 4:
ONGC: The stock extended losses on Monday and fell 3.74% to close at Rs 126.15, three days after the government imposed a windfall tax on profits of oil and gas companies with crude skyrocketing in 2022.
Also Read | US inflation rate at a 40-year high | A timeline: 1930-2022
VA Tech Wabag Ltd: The stock closed 2.68% higher at Rs 235.70 after the company bagged an order worth Rs 430 crore from Reliance Industries for a 53 MLD Desalination Plant at Jamnagar Gujarat.
Also Read | Crypto news daily: Bitcoin data and price analysis for July 4, 2022
Avenue Supermarts Ltd: The stock surged 3.31% to close at Rs 3,501.00 after the owner of D-Mart, reported a nearly twofold growth in standalone revenue from operations to Rs 9,806.89 crore for April to June 2022. The total number of stores as of June 30, 2022, stood at 294.
Also Read | Customer shocks internet by comparing online food bill to offline order
Tata Power: The stock ended 2.78% higher at Rs 212.75 after the firm signed MoU worth Rs 3,000 crore with the Tamil Nadu government for a solar power plant.
Also Read | Gold, silver and other metal prices on Monday, July 4, 2022
Muthoot Finance: The shares jumped 2.14% to close at Rs 1,065.00 after the Reserve Bank of India (RBI) granted permission to the company to open 150 new branches.