Business

Sensex Rises 358 Points As Investors Buy HDFC Bank And Reliance Industries

The Sensex and Nifty rebounded more than half a cent on Thursday, thanks to buying in index heavyweights HDFC Bank and Reliance Industries.

The 30-share BSE Sensex climbed 358.79 points or 0.51 percent to 70,865.10. The barometer began lower and sank 585.92 points or 0.83 percent to 69,920.39. However, markets recovered their winning momentum in the afternoon session, rising 452.4 points or 0.64 percent to 70,958.71.

The Nifty rose 104.90 points, or 0.5 percent, to 21,255.05. It reached a high of 21,288.35 and a low of 20,976.80 during the day.

HDFC Bank, Power Grid, Kotak Mahindra Bank, Reliance Industries, NTPC, State Bank of India, Tata Steel, and Bharti Airtel were the top gainers on Sensex.

Among the top laggards were Bajaj Finance, Axis Bank, HCL Tech, and Mahindra & Mahindra.

Seoul and Tokyo concluded lower in Asian markets, while Shanghai and Hong Kong finished higher.

European stocks were trading in the red.

On Wednesday, the US stock markets finished lower.

Brent crude gained 0.33 percent to USD 79.96 per barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,322.08 crore on Wednesday.

On Wednesday, the BSE benchmark fell 930.88 points or 1.30 percent to 70,506.31. The Nifty lost 302.95 points or 1.41 percent to 21,150.15.

Also read: WHO: No Hospitals Are Currently Functioning In Northern Gaza

Spriha Rai

Recent Posts

Hina Khan Hails 11 Years Of PM Modi’s Leadership; Highlights National Progress

As the nation marks 11 years under PM Modi's leadership, actress Hina Khan shares her…

4 hours ago

Subhash Ghai Hails PM Modi’s Transformative Vision For India

Subhash Ghai has praised PM Narendra Modi’s leadership for catalysing India’s growth and changing the…

4 hours ago

India & Central Asia Boost Rare Earth Cooperation At Delhi Meet

India and five Central Asian nations have agreed to deepen cooperation on rare earths and…

5 hours ago

PM Modi’s Beej Se Bazaar Tak Vision Reshapes Indian Agriculture

Prime Minister Modi has redefined Indian agriculture with the ‘Beej Se Bazaar Tak’ vision, transforming…

6 hours ago

EV Sales Cross 4% Mark In May; Signalling Steady Shift To Green Mobility

EV sales topped 4% of passenger vehicle retail in May 2025, signalling growing demand for…

6 hours ago

Self-Reliant Defence Industry Marks India’s Strategic Security Ascent

One year into Modi 3.0, reforms have reduced poverty, strengthened defence, and accelerated the digital…

6 hours ago