Stock markets benchmark equity indices rose early Friday, extending their previous day’s gain, ahead of the Reserve Bank’s monetary policy review.
Firm trends in Asian markets also boosted investors’ confidence. In the early trade, the 30-share BSE Sensex gained 257.41 points to 65,888.98 points. The Nifty climbed 78.25 points, reaching 19,624 points.
Among the major gainers in the Sensex pack were Bajaj Finserv, Titan, Bajaj Finance, JSW Steel, Maruti, Tata Motors, and IndusInd Bank. The laggards were Larsen & Toubro, Hindustan Unilever, Bharti Airtel, and Power Grid.
In Asian markets, Seoul, Shanghai, and Hong Kong were all trading higher, while Tokyo was trading lower. On Thursday, US markets finished modestly down. Brent crude increased 0.33 percent to $84.35 per barrel.
According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,864.20 crore on Thursday. On Thursday, the BSE benchmark rose 405.53 points or 0.62 percent to 65,631.57 points. The Nifty ended the day up 109.65 points or 0.56 percent at 19,545.75 points.
Also read: Indian-Origin Professor Awarded Dutch Prize For Research On Climate Change
Rajasthan began the first phase of panchayat elections on Saturday, with polling underway for 3,314…
Sensex and Nifty fell over 2 per cent this week as rising crude oil prices,…
Prime Minister Narendra Modi praised ITBP personnel for their courage, determination and selfless service as…
Delhi’s AQI stood at 180 on Saturday as authorities intensified efforts to tackle pollution hotspots…
Indian-American Republican Saritha Komatireddy secured the New York Post’s endorsement against Attorney General Letitia James…
Piyush Goyal interacted with Indian researchers and students in Berlin, promising support for innovation, startups…