Business

Early trade sees markets rise following Reliance purchases

In early trade on Wednesday, equity benchmark indices rose, helped by buying in index heavyweight Reliance Industries.

Gains were however limited due to continued foreign investment withdrawals from equities markets and mixed global market dynamics.

In early trade, the 30-share BSE Sensex surged 74.43 points to 66,005.20. The Nifty advanced 26.15 points to 19,809.55.

Power Grid, Titan, Sun Pharma, Reliance Industries, Hindustan Unilever, Asian Paints, Tata Motors, Tech Mahindra, Nestle, and ITC were the top gainers on the Sensex.

The major laggards were Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, and JSW Steel.

In Asian markets, Tokyo was up, while Seoul, Shanghai, and Hong Kong were down.

On Tuesday, the US markets finished in the red.

Brent crude fell 0.16 percent to US$82.32 per barrel.

According to market statistics, foreign institutional investors (FIIs) sold securities worth Rs 455.59 crore on Tuesday.

On Tuesday, the BSE index jumped 275.62 points, or 0.42 percent, to 65,930.77. The Nifty advanced 89.40 points, or 0.45 percent, to 19,783.40.

Also read: Israel launches strike on residential building in Gaza, causing 15 dead and 22 wounded

Spriha Rai

Recent Posts

Avoid Rhetoric That Vitiates Atmosphere, Ensure Safety Of Hindus In Bangladesh: PM Modi Tells Yunus

Modi urged Yunus and the interim government to avoid rhetoric that “vitiates” the atmosphere between…

3 mins ago

Sensex Falls 931 Points As Trump’s Tariff Move Triggers Global Selloff

The Sensex dropped 930.67 points, or 1.22 per cent, to settle at 75,364.69. It moved…

1 hour ago

Supreme Court To Hear Muslim Side’s Plea In Mathura Dispute On April 8

The SC will hear the Muslim side’s petition in the Mathura Krishna Janmabhoomi dispute on…

2 hours ago

DNA Can’t Confirm Rape Without Proof Of Lack Of Consent: Delhi High Court

Justice Amit Mahajan said that even if DNA proves the accused is the biological father…

2 hours ago

Supreme Court Allows Yasin Malik To Cross-Examine Witnesses Via Video From Tihar Jail

The SC allowed Yasin Malik to cross-examine prosecution witnesses via video conferencing from Tihar jail,…

2 hours ago

Delhi HC Orders Customs To Stop Seizing Personal Jewellery Of Air Passengers

The Delhi HC directed Customs Department officials not to confiscate old or personal jewellery worn…

2 hours ago