Business

Sensex Rises 690 Points To Reclaim 71k Mark

Equity benchmark indices Sensex and Nifty recovered sharply by 1 percent on Wednesday after falling for the previous two days, boosted by bargain hunting in metal, commodity, and telecom stocks.

The 30-share BSE Sensex eventually gained ground, rising 689.76 points, or 0.98 percent, to 71,060.31. The benchmark traded between an intraday high of 71,149.61 and a low of 70,001.60.

The broader NSE Nifty closed 215.15 points or 1.01 percent higher to 21,453.95.

Among the Sensex firms, major winners included Tata Steel, rising 3.77 percent, followed by HCL Tech, which gained 3.62 percent.

IndusInd Bank and PowerGrid, Tech Mahindra, Hindustan Unilever, Bajaj Finserve, and Bharti Airtel were the top Sensex gainers.

Among the laggards were ICICI Bank, Axis Bank, Asian Paints, Bajaj Finance, and TCS.

Brent crude gained 0.58 percent to USD 79.41 per barrel on Wednesday.

In the Asia markets, Japan’s Nikkei 225, and South Korean Kospi ended down, while China’s Shanghai Composite and Hong Kong’s Hang Seng ended higher.

On Wednesday, European stock markets were trading higher.

In the United States markets, the Dow closed 0.25 percent lower, while the S&P 500 closed 0.29 percent higher, and the tech-heavy Nasdaq closed 0.43 percent higher on Tuesday.

According to the exchange data, Foreign Institutional Investors (FIIs) offloaded shares worth Rs 3,115.39 crore on Tuesday.

On Tuesday, Sensex perished 1,053.10 points or 1.47 percent to 70,370.55, while Nifty plummeted 330.15 points or 1.53 percent to 21,241.65.

Also read: DGCA Fines Air India Rs 1.10 Crore For Safety Violations

Spriha Rai

Recent Posts

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

16 mins ago

Ola Electric’s Share Hits All-Time Low Of Rs 74 Ahead Of Q2 Results

Analysts predict that the stock could drop closer to the Rs 70 mark. Ola Electric…

1 hour ago

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

1 hour ago

Waqf Bill: Opposition MPs Meet LS Speaker, Lodge Protest Against JPC Chairman Jagdambika Pal

Opposition members alleged that Pal calls JPC meetings without consulting them and restricts their opportunity…

2 hours ago

Delhi HC Rejects Khalid Saifi’s Plea To End Attempted Murder Case In 2020 Riots

The Delhi Police opposed Saifi’s bail, citing evidence from WhatsApp messages exchanged among the accused.…

3 hours ago

Maha Kumbh 2025: Uttar Pradesh Enhances Security With Face Recognition Cameras

To protect millions of devotees at Maha Kumbh, the UP govt is implementing advanced security…

3 hours ago