Business

Sensex Climbs 253 Points; Nifty Closes Above 22k

Equity benchmark indices Sensex and Nifty ended higher on Friday, with buying in index stalwarts M&M, IRFC, and Mahindra & Mahindra aiding the indices’ recovery from early lows.

The 30-share BSE Sensex inched up 253.31 points or 0.34 percent to 73,9170.03. The NSE Nifty moved 62.25 points or 0.27 percent to 22,466.10.

IRFC, Info Edge(India), Mahindra & Mahindra, IRCTC, Bharat Electronics, GAIL (India), Zydus, Power Finance Corp, TVS Motor Company, Shree Cement, JSW Steel, and Vedanta were the top gainers.

Among the laggards were TCS, HAL, Cipla, Bajaj Holdings, SBI Life Insurance, Dabur India, HCL Technologies, Pidilite Industries, and Bajaj Auto.

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

European stocks were trading lower.

US markets closed lower on Thursday.

Brent crude gained 0.25 percent to USD 83.48 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 776.49 crore on Thursday.

On Thursday, the BSE benchmark jumped 676.69 points or 0.93 percent to 73,663.72, while the Nifty soared 203.30 points or 0.92 percent to 22,403.85.

Also read: Japan Permits Divorced Parents To Share Child Custody

Spriha Rai

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