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

OpenAI Launches ‘OpenAI Academy India’ To Boost AI Education Nationwide

OpenAI, in collaboration with the Indian government’s IndiaAI mission, launched its first international educational platform…

8 hours ago

Mahua Moitra Confirms Marriage To Former BJD MP Pinaki Misra

Trinamool Congress MP Mahua Moitra on Thursday confirmed her marriage to senior advocate and former…

8 hours ago

PM Modi Launches ‘Aravali Green Wall’ Project On World Environment Day

PM Narendra Modi on Thursday launched the ambitious ‘Aravali Green Wall’ project by planting a…

8 hours ago

Dassault And Tata To Manufacture Rafale Fuselages In India By 2028

French aerospace giant Dassault Aviation has signed four agreements with Tata Advanced Systems Limited (TASL)…

9 hours ago

PM Modi Emphasises Indian Railways’ Role In Building A Greener Future

On the occasion of World Environment Day, PM Narendra Modi underscored the crucial role of…

9 hours ago

AIIMS Delhi, IIT Delhi To Establish Center Of Excellence For AI In Healthcare

The All-India Institute of Medical Sciences (AIIMS) and the Indian Institute of Technology (IIT) Delhi…

9 hours ago