Business

Markets Close Higher; Sensex Advances 204 Points

The benchmark equity indices Sensex and Nifty concluded higher on Thursday, following retail inflation falling to a one-year low in May.

The BSE Sensex climbed 204.33 points, or 0.26 percent to 76,810.90. The NSE Nifty jumped 75.95 points, or 0.32 percent to 23,074.30.

According to the official data, retail inflation fell to a one-year low of 4.75 percent in May, owing to a small decline in food prices, and remained within the Reserve Bank’s comfort zone of less than 6 percent.

Cholamandalam Invest, Siemens, HAL, Shriram Finance, HDFC Life Insurance, Bharat Electronics, Bosch, Divi’s Labs, Zomato, ICICI Prudential, Titan, and Power Finance Corp were the top gainers.

Among the laggards were Marico, Hindustan Unilever, Adani Green Energy, Dabur India, IRFC, United Spirits, Bajaj Holdings, ICICI Bank, Axis Bank, Bharti Airtel, Eicher Motors, Britannia Industries, and Vedanta.

In Asian markets, South Korea, Taiwan, Hong Kong, and Malaysia closed higher, while Singapore, Tokyo, Thailand, Indonesia, and Shanghai ended lower.

US markets closed mostly with gains on Wednesday.

European stocks were trading lower on Thursday.

Brent crude lost 0.71 percent to USD 82.01 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 426.63 crore on Wednesday.

On Wednesday, the Sensex inched up 149.98 points, or 0.19 percent to 76,606.57, while the Nifty moved 58.10 points, or 0.24 percent to 23,322.95.

Also read: 49 Died In Kuwait Building Fire, Including 42 Indians

Spriha Rai

Recent Posts

Hina Khan Hails 11 Years Of PM Modi’s Leadership; Highlights National Progress

As the nation marks 11 years under PM Modi's leadership, actress Hina Khan shares her…

2 hours ago

Subhash Ghai Hails PM Modi’s Transformative Vision For India

Subhash Ghai has praised PM Narendra Modi’s leadership for catalysing India’s growth and changing the…

3 hours ago

India & Central Asia Boost Rare Earth Cooperation At Delhi Meet

India and five Central Asian nations have agreed to deepen cooperation on rare earths and…

3 hours ago

PM Modi’s Beej Se Bazaar Tak Vision Reshapes Indian Agriculture

Prime Minister Modi has redefined Indian agriculture with the ‘Beej Se Bazaar Tak’ vision, transforming…

4 hours ago

EV Sales Cross 4% Mark In May; Signalling Steady Shift To Green Mobility

EV sales topped 4% of passenger vehicle retail in May 2025, signalling growing demand for…

4 hours ago

Self-Reliant Defence Industry Marks India’s Strategic Security Ascent

One year into Modi 3.0, reforms have reduced poverty, strengthened defence, and accelerated the digital…

4 hours ago