Business

Equity Markets Soar In Early Trade; Sensex Climbs 474 Points

Benchmark equity indices rose in early trade on Friday owing to positive trends in global markets.

The 30-share BSE Sensex soared 474.97 points, or 0.65 percent to 72,879.14, while the NSE Nifty climbed 150.50 points, or 0.68 percent to 22,108.00.

Cholamandalam Invest, ITC, BPCL, LIC, Sun Pharmaceutical, Asian Paints, JSW Steel, NTPC, Vedanta, and Bharti Airtel were the top gainers.

Among the laggards were Bank Of Baroda, LTIMindtree, JIO Financial Serv., Zomato, TVS Motor Company, and Infosys.

In Asian markets, Singapore, South Korea, Tokyo, Hong Kong, Malaysia, Thailand, and Taiwan were trading higher, while Shanghai was trading lower.

On Thursday, US markets closed in green.

Brent crude gained 0.55 percent to USD 84.34 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 6,994.86 crore on Thursday.

On Thursday, the Sensex dipped 1,062.22 points, or 1.45 percent, to 72,404.17, while the Nifty sank 345 points, or 1.55 percent, to 21,957.50.

Also read: South Korea’s President Acknowledges His Party’s Shortcomings

Spriha Rai

Recent Posts

Mumbai’s Street MBA: How A Bag Hustle Became A ₹8 Lakh Business

A Mumbai auto driver earns up to ₹8 lakh per month by offering a simple…

28 mins ago

Five Districts In Manipur Face Internet Shutdown Following Unrest

Manipur suspended internet in five districts for five days after protests over arrest of a…

1 hour ago

Shashi Tharoor Criticises Pakistan: “In Pakistan You Get Rewarded For Promoting Terrorism”

Shashi Tharoor condemns Pakistan’s treatment of Dr Shakil Afridi, who helped the US locate Osama…

2 hours ago

How To Read Food Labels & Make Smarter Grocery Choices

Reading food labels helps you make informed, healthier choices by understanding nutrition facts & picking…

2 hours ago

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

14 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

15 hours ago