Business

Equity Markets Continue To rise; Sensex Increases By 1%

On Friday, Equity benchmark indices continued their previous day’s advance, with the Sensex rising one percent on purchasing in index heavyweight Reliance Industries, fresh foreign fund inflows, and a generally favorable trend in global markets.

The 30-share BSE Sensex rose 629.07 points or 1.02 percent to 62,501.69. It rose 657.21 points or 1.06 percent to 62,529.83 during the day.

The NSE Nifty surged 178.20 points or 0.97 percent to 18,499.35.

Reliance Industries gained 2.79 percent from the Sensex pack. Other big gainers included Sun Pharma, Hindustan Unilever, HCL Technologies, Wipro, Tech Mahindra, UltraTech Cement, Tata Steel, and Titan.

The laggards were Bharti Airtel, Power Grid, and NTPC.

In Asian markets, Seoul, Tokyo, and Shanghai each concluded in the green.

European equity markets were trading lower.

On Thursday, the US market closed largely higher.

Meanwhile, the global oil benchmark Brent crude rose 0.24 percent to USD 76.44 a barrel.

On Thursday, the Sensex gained 98.84 points or 0.16 percent to 61,872.62. The Nifty rose 35.75 points or 0.20 percent to 18,321.15.

According to the exchange data, Foreign Institutional Investors (FIIs) were net purchasers on Thursday, purchasing equities worth Rs 589.10 crore.

Also read: United States Climber Achieves Rare Everest ‘Triple Crown’ As Death Count Reaches 12

Spriha Rai

Recent Posts

Kohli’s 139 Not Out Leads India To Dominant ODI Victory Over West Indies

Virat Kohli remained unbeaten on 139 while Shubman Gill made 110, guiding India to an…

3 hours ago

Virat Kohli Reaches 15,000 ODI Runs, Becomes Second Batter After Tendulkar

Virat Kohli has become the second men’s batter to reach 15,000 ODI runs after Sachin…

5 hours ago

Dharavi Redevelopment: Transit Rent Cuts Target Residents Delaying Relocation

ANDPL says residents who deliberately delay vacating hutments for Dharavi’s redevelopment will receive reduced transit…

5 hours ago

Khavda Renewable Energy Park Gets Dedicated PIN Code And India Post Office

Khavda Renewable Energy Park in Gujarat’s Kutch has received PIN code 370246 and a dedicated…

6 hours ago

Facebook Account Hacked? Steps To Regain Access

Facebook account hacked? Follow these steps to recover access, reset your password and secure your…

7 hours ago

Kuldeep Claims Four As West Indies Finish On 295 After Greaves’ Century

Justin Greaves made 101 in his maiden ODI hundred as West Indies posted 295/7 against…

8 hours ago