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

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…

1 hour 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…

2 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…

2 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…

3 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…

3 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…

3 hours ago