Business

Markets Soar In Early Trade; Sensex Gains 236 Points

The benchmark equity indices Sensex and Nifty soared in early trade on Wednesday, driven by buying in Reliance Industries and Tata Consultancy Services.

The BSE Sensex surged 236.83 points, or 0.30 percent to 76,693.42 in the early trade.

The NSE Nifty went up 81.50 points, or 0.35 percent to 23,346.35.

Siemens, Coal India, ABB India, GAIL(India), Bharat Electronics, Cholamandalam Invest, Jindal Steel & Power, BPCL, and Bajaj Finance were the top gainers.

Among the laggards were Marico, Pidilite Industries, United Spirits, Asian Paints, Titan, and TVS Motor Company.

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

US markets concluded mostly higher on Tuesday.

Brent crude gained 0.42 percent to USD 82.26 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 111.04 crore on Tuesday.

On Tuesday, the Sensex sank 33.49 points or 0.04 percent to 76,456.59, while the Nifty inched up 5.65 points or 0.02 percent to 23,264.85.

Also read: Following North Korean Soldiers Briefly Cross Border, South Korea Fires Warning Shots

Spriha Rai

Recent Posts

Lord Chitragupta’s Grand Procession In Prayagraj: Former IAS Dheeraj Srivastava Turns ‘Saviour’, May Enter Electoral Fray

A grand procession dedicated to Lord Shri Chitragupta Maharaj in Prayagraj became a symbol of…

1 hour ago

PM Modi Says No Nation Can Afford To Slow Down Amid Rapid Technological Changes

Prime Minister Narendra Modi inaugurated India's first LED Dome planetarium, COSMOS-Mysuru, and highlighted the country's…

2 hours ago

Nitish Setu: PM Modi To Inaugurate Six-Lane Ganga Bridge In Bihar On November 21

Prime Minister Narendra Modi will inaugurate the six-lane Nitish Setu over the Ganga in Bihar…

3 hours ago

PM Modi Opens India’s First LED Dome Planetarium At Mysuru’s COSMOS Centre

Prime Minister Narendra Modi inaugurated COSMOS-Mysuru, India’s first LED Dome planetarium, at the University of…

3 hours ago

Karnataka Seeks Equal Centre-State Funding For Bengaluru Metro Expansion, CM Shivakumar Urges PM Modi

Karnataka Chief Minister DK Shivakumar urged Prime Minister Narendra Modi to ensure equal financial support…

4 hours ago

PM Modi Says Middle-Class Savings And Bengaluru’s Infrastructure Drive Remain Centre’s Priorities

Prime Minister Narendra Modi said the Centre was working to increase middle-class savings while prioritising…

4 hours ago