Business

Markets Rise In Early Trade Ahead Of RBI’s Monetary Policy Announcement

Benchmark equity indices rose in early trade on Friday, extending their gain for the third day in a row, ahead of the RBI’s monetary policy announcement later in the day.

The 30-share BSE Sensex soared 301.29 points, or 0.41 percent to 75,387.80 in early trade. The NSE Nifty advanced 107.80 points, or 0.47 percent to 22,970.95.

Wipro, LTIMindtree, Tech Mahindra, Infosys, Tata Consultancy Services, Bajaj Finserv, and Tata Steel were the top gainers.

Among the laggards were IndusInd Bank, RECL, Adani Green Energy, Power Finance Corp, Larsen & Toubro, Kotak Mahindra Bank, and ITC.

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

European markets finished in the green on Thursday.

US markets closed on a mixed note on Thursday.

Brent crude gained 0.05 percent to USD 79.91 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 6,867.72 crore on Thursday.

On Thursday, the Sensex climbed 692.27 points or 0.93 percent to 75,074.51, while the Nifty jumped 201.05 points or 0.89 percent to 22,821.40.

Also read: Sensex Gains 692 Points, Nifty Ends Above 22k

Spriha Rai

Recent Posts

Maha Kumbh 2025: Yogi Government’s Strategic Coordination Ensures Timely Preparations

For Maha Kumbh 2025, preparations are in full swing as authorities work to ensure all…

28 mins ago

In Special Gesture, Kuwait’s Prime Minister Sees-Off PM Modi At Airport After Conclusion Of Historic Visit

Prime Minister Narendra Modi wrapped up his two-day visit to Kuwait on Sunday evening. In…

1 hour ago

Maha Kumbh 2025: Shri Panchdashnam Aawahan Akhara Makes Grand Entry Into Maha Kumbh City

Maha Kumbh 2025 with preparations for the Maha Sammelan are in full swing as 13…

2 hours ago

India’s Unifying Initiative: MRM Declares Bhagwat’s Message As The Foundation Of National Unity

The MRM strongly endorsed Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s statement on temple-mosque disputes.…

2 hours ago

Maha Kumbh-2025: Prayagraj Mela Authority Deploys Advanced Sanitation Technology

For Maha Kumbh-2025, the Prayagraj Mela Authority has made extensive preparations to provide a clean…

3 hours ago

PM Narendra Modi To Attend Christmas Celebrations At CBCI In New Delhi

Prime Minister Narendra Modi is all set to attend the Christmas celebrations at CBCI Centre…

4 hours ago