Business

Markets Close Higher; Sensex Climbs Above 100 Points

The benchmark equity indices Sensex and Nifty closed higher on Thursday but saw very erratic patterns throughout the day owing to mixed global market trends.

The BSE Sensex soared 141.34 points, or 0.18 percent to 77,478.93. The NSE Nifty advanced 51.00 points, or 0.21 percent to 23,567.00.

Vedanta, SRF, Berger Paints, Grasim Industries, Hindalco, Samvardhana Motherson, Jio Finance Serv., Adani Ports, and JSW Steel were the top gainers.

Among the laggards were Power Finance Corp, Hero MotoCorp, Sun Pharmaceutical, Mahindra & Mahindra, Bosch, RECL, Colgate-Palmolive, and NTPC.

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

US markets were closed on Wednesday in celebration of Juneteenth.

European stocks were on a mixed note.

Brent crude gained 0.64 percent to USD 85.07 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 7,908.36 crore on Wednesday.

On Wednesday, the Sensex inched up 36.45 points, or 0.05 percent to 77,337.59 while the Nifty went down by 41.90 points, or 0.18 percent to 23,516.00.

Also read: Canada Adds Iran’s Revolutionary Guards On Terror List Following US

Spriha Rai

Recent Posts

India Receives Prince Michael Decade Of Action Road Safety Award

India has been honored with the Prince Michael Decade of Action Road Safety Award for…

4 mins ago

Schneider Electric To Open Three New Plants In India

Schneider Electric announces plans to establish three new manufacturing plants in India, bolstering its presence…

35 mins ago

India’s Electricity Supply Grows In Rural, Urban Areas: Union Minister Khattar Highlights

Union Power Minister Manohar Lal Khattar announces a significant rise in electricity supply in rural…

59 mins ago

Adani Group’s Significant Global Tax Contribution In FY 2023-24

Adani Group releases its Tax Transparency Report for FY 2023-24, detailing a significant increase in…

2 hours ago

Malvika Mohanan Calls Collaboration With Mohanlal & Sathyan Anthikad ‘A Dream Come True’

Malvika Mohanan expresses her excitement on joining Malayalam cinema icons Mohanlal and Sathyan Anthikadfor 'Hridayapoorvam'.

2 hours ago

South Korean Industry Minister To Discuss US Tariff Plans

South Korean Minister Ahn Duk-geun heads to the US to discuss new trade tariffs and…

3 hours ago