Business

Markets Soar In Early Trade; Sensex Climbs 194 Points

Benchmark equity indices rose in early trade on Tuesday, driven by buying in HDFC Bank and Reliance Industries.

The 30-share BSE Sensex soared 194.9 points to 75,585.40 in early trade. The NSE Nifty advanced 59.95 points to 22,992.40.

Divi’s Labs, HDFC Life Insurance, Hindalco, ICICI Prudential, United Spirits, Dr Reddy’s Labs, Vedanta, Colgate-Palmolive, and Dabur India were the top gainers.

Among the laggards were IRFC, Bosch, Adani Power, Adani Green Energy, ABB India, Samvardhana Motherson, Bajaj Holdings, and HAL.

In Asian markets, Singapore, South Korea, Taiwan, Shanghai, Indonesia, and Hong Kong were trading higher, while Tokyo, Malaysia and Thailand were trading lower.

On Monday, US markets were closed in observance of the Memorial Day holiday.

Brent crude gained 0.23 percent to USD 83.29 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 541.22 crore on Monday.

On Monday, the Sensex dropped 19.89 points or 0.03 percent to 75,390.50, while the Nifty dipped 24.65 points or 0.11 percent to 22,932.45.

Also read: Cyclone Remal Wreaks Bangladesh, Killing 10 And Destroying Over 30,000 Homes

Spriha Rai

Recent Posts

Uttar Pradesh Cabinet Takes Holy Dip At Triveni Sangam During Maha Kumbh Festivities

The Maha Kumbh festivities in Prayagraj, Uttar Pradesh, reached a significant moment on Wednesday when…

5 mins ago

SC To Hear Kolkata RG Kar Medical College Rape Case Following Reinvestigation Petition

The Supreme Court will hear the Kolkata RG Kar Medical College rape and murder case…

12 mins ago

Tahir Hussain’s Interim Bail Plea Referred To CJI After Split Verdict In Supreme Court

The Supreme Court has not granted interim relief to Tahir Hussain, an accused in the…

28 mins ago

IDFC FIRST Bank Launches FIRST EARN Credit Card With Fixed Deposit & UPI Cashback

IDFC FIRST Bank, in collaboration with RuPay, has introduced a new UPI-enabled credit card named…

49 mins ago

5th SportsForAll Foundation Sponsorship Program 2025 Concludes Successfully

The 5th edition of the SportsForAll Foundation Sponsorship Program 2025, dedicated to air pistol and…

1 hour ago

India’s Petrochemical Industry Poised For Growth Amidst Global Challenges

India’s vision of an Atmanirbhar Bharat, or self-reliant India, calls for transforming the country into…

1 hour ago