Business

Markets Rise In Early Trading Ahead Of RBI’s Interest Rate Decision

Equity benchmark indices rose in early trading on Thursday, ahead of the Reserve Bank of India’s interest rate decision, as global markets rallied.

The 30-share BSE Sensex climbed 321.42 points to 72,473.42 in early trading. The Nifty jumped 80.55 points to 22,011.05.

The notable gainers were PowerGrid, HCL Technologies, IndusInd Bank, State Bank of India, Mahindra & Mahindra, Tata Consultancy Services, and NTPC.

Among the laggards were Asian Paints, Maruti, ITC, and Bajaj Finance.

In Asian markets, Seoul, Tokyo, and Shanghai were all up, while Hong Kong was down.

The US markets closed higher on Wednesday.

Brent crude gained 0.42 percent to US$79.54 a barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,691.02 crore on Wednesday.

On Wednesday, the Bombay Stock Exchange benchmark slipped 34.09 points, or 0.05 percent, to 72,152, while the Nifty closed up 1.10 points, or 0.01 percent, at 21,930.50.

Also read: Scientists Say January Was The Warmest Month On Record

Spriha Rai

Recent Posts

“A Surge of Emotion In The Ocean Of Sanatan Dharma,” Acharya Pramod Krishnam Meets Pandit Dhirendra Shastri

Posting a photo of the meeting on the social media platform X, Acharya Pramod Krishnam…

9 hours ago

Asian Geography Conference Champions Youth As Vanguards Of National Development

Colonel Mustafa urges youth to use geography actively for disaster management, policy, and national development.

12 hours ago

India Sends Record 111-Member Squad To Deaflympics 2025 In Tokyo

India names a record 111-member team for Deaflympics 2025, competing across 11 sports disciplines.

12 hours ago

PM Modi, Leaders Extend Birthday Wishes to Bharat Ratna LK Advani

PM Modi, Amit Shah, and leaders extend birthday wishes to Bharat Ratna LK Advani.

13 hours ago

Justice Vikram Nath Hails PM Modi’s Vision For Accessible & Technology-Driven Justice At NALSA Conference

Justice Vikram Nath praised PM Modi’s vision for inclusive, tech-driven justice and legal empowerment.

13 hours ago

Justice Surya Kant Calls For Empathetic Tech-Driven Legal Aid System At NALSA Conference

Justice Surya Kant urged empathetic, tech-driven legal aid reforms to make justice accessible and inclusive.

13 hours ago