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

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…

8 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…

9 hours ago

Chhattisgarh: Seven Maoists Killed In Indravati National Park Operation

Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…

9 hours ago

Carney Invites Modi To G7 Summit, Highlights India’s Global Supply Chain Role

Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…

10 hours ago

RBI Frontloads Rate Cuts To Boost Growth Amid Low Inflation: Crisil

The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…

10 hours ago

PM Modi Urges Global Action On Coastal Resilience At Nice Summit

PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…

10 hours ago