Business

Markets Recover In Early Trading Following Two Days Of Declines

Equity benchmark indices rose in early trading on Thursday after sliding the previous two days, owing to buying in Bajaj Finance and Reliance Industries.

In early trade, the 30-share BSE Sensex climbed 351.88 points to 71,708.48. The Nifty advanced 99 points to 21,616.35.

Bajaj Finance, NTPC, Bajaj Finserv, Tata Motors, Power Grid, Infosys, Mahindra & Mahindra, Nestle, Titan, and Reliance Industries were the top winners on Sensex.

Among the laggards were HCL Tech, Tata Steel, Maruti, and Bharti Airtel.

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were all trading in red.

On Wednesday, the US markets concluded lower.

Brent crude gained 0.27 percent to USD 78.46 per barrel in early trade.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 666.34 crore on Wednesday.

On Wednesday, the BSE benchmark slid 535.88 points or 0.75 percent to 71,356.60. The Nifty sank 148.45 points or 0.69 percent to 21,517.35.

Also read: Israel Finds Tunnel Shaft, Grenades And Bullets Inside A Gaza School

Spriha Rai

Recent Posts

BCCI Hands Bhuvneshwar Kumar T20I Comeback For New Zealand Series

Bhuvneshwar Kumar makes his India T20I comeback for the New Zealand series after nearly four…

8 mins ago

Shreyas Iyer’s Blistering Ton, Naman Dhir’s Three-For Hand India Eight-Wicket Win

Shreyas Iyer smashed an unbeaten 102 off 43 balls while debutant Naman Dhir claimed 3/31…

23 mins ago

PM Modi Says ₹10,000 Crore SME Fund Will Power India’s Next Business Leaders

Prime Minister Narendra Modi said the ₹10,000 crore SME Growth Fund will strengthen Indian small…

36 mins ago

Cameron Green Ruled Out Of Australia’s Durban Test Against South Africa

Cameron Green will miss Australia’s opening Test against South Africa in Durban after suffering an…

52 mins ago

EAM Jaishankar Arrives In Ghana To Strengthen Bilateral Ties

EAM S. Jaishankar begins his Ghana visit to strengthen India-Ghana ties and expand cooperation across…

1 hour ago

Uttar Pradesh Surpasses Gujarat In Rooftop Solar Under PM Surya Ghar Scheme

Uttar Pradesh has overtaken Gujarat with more than 8.80 lakh rooftop solar installations under the…

2 hours ago