Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates May 24

Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates May 24

Nifty PSU Bank gained 2 per cent, while Nifty Pharma indices was up over 1 per cent. Image: Reuters

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over half a per cent up in the late afternoon deals on Monday. BSE Sensex was hovering around 50,800 while the Nifty 50 index reclaimed 15,250. SBI, Power Grid Corporation of India, HDFC Bank, L&T, Maruti Suzuki were among top Sensex gainers. Titan Company, M&M, IndusInd Bank, HUL, UltraTech Cement, Bharti Airtel were top index losers. Barring Nifty FMCG and Nifty Metal indices, all the sectoral indices were trading with gains. Nifty PSU Bank gained 2 per cent, while Nifty Pharma indices was up over 1 per cent.

After the RBI surprised the Centre with a record Rs 99,122 crore in surplus transfer for FY21, analysts said this will help the government tide over the revenue losses from lockdowns and extend more support to the pandemic hit industries and to the poor people. In fiscal 2020, the RBI had paid only Rs 57,128 crore in dividend to the government and the finance minister had budgeted only Rs 45,000 crore from the central bank.

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