Business

Markets Rise In Early Trade On Rally In Asian Equities

Equities Benchmark indices Sensex and Nifty rose in early trade on Monday, mirroring positive trends in Asian markets and buying in blue-chip stocks.

The 30-share BSE Sensex soared 162.90 points, or 0.20 percent to 79,195.63 in early trading. The Nifty advanced 47.40 points, or 0.19 percent to 24,058.00.

Samvardhana Motherson, Vedanta, Bajaj Holdings, Wipro, Hero MotoCorp, Tech Mahindra, Grasim Industries, Siemens, LTIMindtree, and JSW Steel were the top gainers.

Among the laggards were NTPC, Zomato, JIO Financial Serv., Divi’s Labs, Trent, Apollo Hospitals, Power Grid Corp, and Avenue Supermarts.

In Asian markets, Singapore, Indonesia, Thailand, Tokyo, Hong Kong, Taiwan, South Korea, Malaysia, and Shanghai were all trading in positive territory.

US markets closed lower on Friday.

European markets ended on a mixed note on Friday.

Brent crude gained 0.52 percent to USD 85.44 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 23.09 crore on Friday.

On Friday, the Sensex dipped 210.45 points or 0.27 percent to 79,032.73, while the Nifty sank 33.90 points or 0.14 percent to 24,010.60.

Spriha Rai

Recent Posts

Realme C85 5G Packs Big Battery, Fast Display & IP69 Strength At A Budget Price

Realme launches the C85 5G with a 7000 mAh battery, 144 Hz display and IP69…

2 hours ago

Beat Winter Smog: Power Foods That Strengthen Your Lungs

A lung-strengthening diet rich in antioxidants, spices and fibre helps Indians fight winter pollution and…

2 hours ago

AI Deepfake Misrepresents CDS Chauhan; PIB Confirms Video False

PIB fact check debunks AI-manipulated video showing CDS Chauhan falsely claiming India surrendered Arunachal Pradesh…

3 hours ago

Targeted Attacks Label LIC’s Adani, Reliance Stakes As Risky

Growing pressure campaigns aim to influence LIC’s investment decisions, raising concerns about destabilising long-term infrastructure…

4 hours ago

Queensland Court Blocks Activist As Adani’s Carmichael Mine Wins Confidentiality Battle

A Queensland court permanently barred activist Ben Pennings from seeking Adani’s confidential Carmichael mine data,…

4 hours ago

PM Modi & Acharya Pramod Krishnam Steer Kalki Dham’s Rapid Rise In Sambhal

The ongoing construction of Shri Kalki Dham in Sambhal shows rapid progress as skilled artisans…

5 hours ago