Business

Markets rise in early trading following two days of declines

Following a rise in global markets with the US Fed keeping rates constant, equity benchmark indices recovered nearly 1 percent in early trade on Thursday.

In early trade, the 30-share BSE Sensex rose 593.8 points to 64,185.13. The Nifty gained 179.3 points to 19,168.45.

IndusInd Bank, Kotak Mahindra Bank, Axis Bank, Titan, Infosys, Bajaj Finance, State Bank of India, Tata Consultancy Services, ICICI Bank, and HDFC Bank were the top gainers on the Sensex.

Tata Steel was the sole laggard.

Seoul, Tokyo, Shanghai, and Hong Kong were all trading in the green in Asian markets.

On Wednesday, the US markets finished higher.

Brent crude rose 0.99 percent to USD 85.47 a barrel.

According to data exchange, foreign institutional investors (FIIs) sold securities worth Rs 1,816.91 crore on Wednesday.

On Wednesday, the BSE benchmark fell 283.60 points, or 0.44 percent, to 63,591.33. The Nifty lost 90.45 points, or 0.47 percent, to 18,989.15.

Also read: Watchdog says democracy is in trouble, declining in many countries

Spriha Rai

Recent Posts

Gautam Adani Hails Puri Lifeguards As Unsung Heroes During Rath Yatra Visit

Gautam Adani, Chairman of the Adani Group, visited Puri in Odisha during the annual Rath…

8 hours ago

Acharya Pramod Krishnam Slams Congress Over ‘Internal Emergency’ Allegation

Acharya Pramod Krishnam, stirred political debate by claiming an 'internal emergency' still exists within the…

9 hours ago

MRM Meeting: Pledge for Global Peace, Green India, De-addiction & Democratic Integrity

Taking a crucial step toward positive transformation, social reform, and global peace, the Muslim Rashtriya…

9 hours ago

India To Host 2029 World Police & Fire Games; Amit Shah Hails Global Recognition

India has been chosen to host the prestigious 2029 World Police and Fire Games in…

9 hours ago

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

12 hours ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

13 hours ago