Business

Benchmark Equity Indices Surge In Early Trade On Strong Asian Markets

Benchmark equity indices surged in early trade on Tuesday, reflecting strong trends in Asian markets and buying in blue-chips HDFC Bank and State Bank of India.

The 30-share BSE Sensex soared 237.05 points to 77,578.13 in early trading. The Nifty climbed by 65.8 points to 23,603.65. Bank Nifty jumped 309.75 points to 52,013.70.

Havells India, Bosch, Zomato, UltraTech Cement, Axis Bank, TVS Motor Company, Samvardhana Motherson, HAL, HDFC Bank, Hindalco, Bharat Electronics, Apollo Hospitals, and SBI were the top gainers.

Among the laggards were Info Edge (India), RECL, Cholamandalam Invest, DLF, ICICI Lombard, Godrej Consumer, HCL Technologies, Jindal Steel & Power, Ambuja Cements, and Adani Ports.

In Asian markets, Singapore, Thailand, Tokyo, Hong Kong, and South Korea were trading in positive territory, while Indonesia, Malaysia, Taiwan, and Shanghai were trading in negative territory.

US markets closed on a mixed note on Monday.

European markets concluded higher on Monday.

Brent crude lost 0.02 percent to USD 85.99 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 653.97 crore on Monday.

On Monday, the Sensex advanced 131.18 points, or 0.16 percent to 77,341.08, while the Nifty moved 36.75 points, or 0.15 percent to 23,537.85.

Also read: China Releases New Regulations To Punish Taiwan Separatists

Spriha Rai

Recent Posts

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

15 mins ago

Ola Electric’s Share Hits All-Time Low Of Rs 74 Ahead Of Q2 Results

Analysts predict that the stock could drop closer to the Rs 70 mark. Ola Electric…

1 hour ago

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

1 hour ago

Waqf Bill: Opposition MPs Meet LS Speaker, Lodge Protest Against JPC Chairman Jagdambika Pal

Opposition members alleged that Pal calls JPC meetings without consulting them and restricts their opportunity…

2 hours ago

Delhi HC Rejects Khalid Saifi’s Plea To End Attempted Murder Case In 2020 Riots

The Delhi Police opposed Saifi’s bail, citing evidence from WhatsApp messages exchanged among the accused.…

3 hours ago

Maha Kumbh 2025: Uttar Pradesh Enhances Security With Face Recognition Cameras

To protect millions of devotees at Maha Kumbh, the UP govt is implementing advanced security…

3 hours ago