Business

Sensex Gains 692 Points, Nifty Ends Above 22k

Benchmark equity indices Sensex and Nifty closed higher on Thursday, driven by favorable global market trends.

The 30-share BSE Sensex soared 692.27 points, or 0.93 percent to 75,074.51. The NSE Nifty surged 201.05 points, or 0.88 percent to 22,821.40.

HAL, RECL, GAIL(India), IRCTC, Power Finance Corp, Adani Energy Solut., Bharat Electronics, LIC, IRFC, and DLF were the top gainers.

Among the laggards were Avenue Supermarts, Hindalco, Pidilite Industries, Hero MotoCorp, Hindustan Unilever, Asain Paints, Godrej Consumer, and Mahindra & Mahindra.

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

US markets concluded in positive territory on Wednesday.

European stocks were trading higher.

Brent crude gained 0.26 percent to USD 78.69 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 5,656.26 crore on Wednesday.

On Wednesday, the Sensex jumped 2156.66 points, or 2.99 percent to 72,235.71, while the Nifty inched up 688.95 points, or 3.42 percent to 22,573.45.

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Spriha Rai

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