Business

Sensex soars 493 points on positive macro data, while Nifty reaches a lifetime high

Nifty touched a historical high, while the Sensex soared 493 points to close at an 11-week high, supported by positive macroeconomic data and ongoing foreign investment inflows.

The 30-share BSE surged 492.75 points or 0.74 percent to 67,481.19, its best close since September 18. During the day, it jumped 575.89 points or 0.85 percent to 67,564.33.

The Nifty jumped 134.75 points or 0.67 percent to the all-time high of 20,267.90. During the day, the benchmark reached an intra-day high of 20,291.55, a gain of 158.4 points or 0.78 percent.

ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints, and Tata Steel were the top gainers on the Sensex.

Among the laggards were Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank, and HDFC Bank.

According to exchange data, Foreign Institutional Investors (FIIs) purchased securities worth Rs 8,147.85 crore on Thursday.

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

European markets were trading in the green.

On Thursday, US markets concluded mainly higher.

Brent crude lost 0.57 percent to USD 80.40 per barrel.

On Thursday, the BSE benchmark closed 86.53 points or 0.13 percent higher at 66,988.44. The Nifty advanced 36.55 points or 0.18 percent to 20,133.15.

Also read: Penguins get 11 hours of sleep per day by taking 10,000 Naps

Spriha Rai

Recent Posts

Maha Kumbh 2025: Yogi Government’s Strategic Coordination Ensures Timely Preparations

For Maha Kumbh 2025, preparations are in full swing as authorities work to ensure all…

5 hours ago

In Special Gesture, Kuwait’s Prime Minister Sees-Off PM Modi At Airport After Conclusion Of Historic Visit

Prime Minister Narendra Modi wrapped up his two-day visit to Kuwait on Sunday evening. In…

6 hours ago

Maha Kumbh 2025: Shri Panchdashnam Aawahan Akhara Makes Grand Entry Into Maha Kumbh City

Maha Kumbh 2025 with preparations for the Maha Sammelan are in full swing as 13…

7 hours ago

India’s Unifying Initiative: MRM Declares Bhagwat’s Message As The Foundation Of National Unity

The MRM strongly endorsed Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s statement on temple-mosque disputes.…

7 hours ago

Maha Kumbh-2025: Prayagraj Mela Authority Deploys Advanced Sanitation Technology

For Maha Kumbh-2025, the Prayagraj Mela Authority has made extensive preparations to provide a clean…

8 hours ago

PM Narendra Modi To Attend Christmas Celebrations At CBCI In New Delhi

Prime Minister Narendra Modi is all set to attend the Christmas celebrations at CBCI Centre…

9 hours ago