Business

Sensex, Nifty Rise As Global Markets Continue To Trend Steadily

On Wednesday, the equity benchmark indices Sensex and Nifty rose for the fourth consecutive session, aided by buying in metal and commodity sectors amid a global equities uptrend.

The 30-share BSE Sensex soared 114.49 points or 0.16 percent to 73,852.94. During the day, it rose 383.16 points or 0.51 percent to 74,121.61.

The NSE Nifty inched up 34.40 points or 0.15 percent to 22,402.40.

HAL, Hindalco, GAIL (India), Cipla, JSW Steel, Jindal Steel & Power, Godrej Consumer, Tata Steel, and Cholamandalam Invest were the top gainers.

Among the laggards were Tata Consumer, ICICI Prudential, Zydus, Zomato, JIO Financial Serv., Bosch, and Grasim Industries.

In Asian markets, Tokyo, Taiwan, Malaysia, Hong Kong, South Korea, and Shanghai all concluded in positive territory.

European stocks were trading higher.

US markets concluded with gains on Tuesday.

Brent crude gained 0.35 percent to USD 88.44 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 3,044.54 crore on Tuesday.

On Tuesday, the Sensex climbed 89.83 points or 0.12 percent to 73,738.45, while the Nifty jumped 31.60 points or 0.14 percent to 22,368.

Also read: UN: 16 Dead, 28 Missing After Migrant Boat Capsize Off Africa’s Djibouti

Spriha Rai

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