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

Yogi Adityanath Lights Over 1.51 Crore Lamps In Uttar Pradesh; Record 26 Lakh Diyas Illuminate Ayodhya Dham

Uttar Pradesh CM Yogi Adityanath announced that 1.51 crore lamps were lit across the state,…

51 mins ago

UAE’s Sheikh Mohammed & Global Envoys Greet India On Diwali

Leaders and diplomatic missions from the UAE, Singapore, and Iran extended warm Diwali wishes to…

1 hour ago

PIB Debunks Viral WhatsApp Message On Alleged Social Media & Call Monitoring Rules

The Press Information Bureau (PIB) has declared as false a viral WhatsApp message claiming government…

1 hour ago

Prez Murmu & VP Radhakrishnan Extend Warm Diwali Greetings; Urge Responsible Celebration

Prez Murmu and Vice President CP Radhakrishnan have wished citizens a happy Diwali, urging everyone…

2 hours ago

Obesity Linked To Alzheimer’s Risk In Adults With Down Syndrome, Study Finds

Obesity, not metabolic syndrome, is linked to higher Alzheimer’s risk in adults with Down syndrome,…

3 hours ago

Amit Shah Approves Rs 1,950 Crore Advance Release To Karnataka And Maharashtra For Flood Relief

The Central Government has allocated substantial financial assistance to various States for disaster response and…

4 hours ago