Sensex, Nifty gain for third day in a row; easing volatility to support bull trend

Key points

• Analysts expect the market to maintain the bullish undertone as elections and corporate earnings season continue Barring Nifty Pharma, all other sectors traded in positive territory on April 23 Benchmark indices the Sensex and the Nifty extended gains for third straight day on April 23 as fear around West Asia conflict eased and a sharp drop in volatility.
• Most sectors traded higher, while broader indices outperformed the benchmarks.
• The Sensex was up 89.83 points or 0.12 percent at 73,738.45, and the Nifty was up 31.60 points or 0.14 percent at 22,368. The market breadth was in favour of gainers — 2,151 shares advanced, 1,353 shares declined, and 89 shares unchanged.
• Analysts expect the bullish undertone to continue as the Lok Sabha elections and corporate earnings season continue.
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