Business

Stock Markets Recover After A Six-Day Slump

Early on Friday, equity benchmark indices saw a recovery following a sharp decline recently as Asian markets began to recover.

In early trade, the 30-share BSE Sensex rose 411.17 points to 63,559.32. The Nifty gained 115.9 points to 18,973.15.

NTPC, Mahindra & Mahindra, State Bank of India, Infosys, and Maruti Suzuki were the top gainers on the Sensex.

Asian Paints was the sole laggard in the bunch.

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong are all trading in the green.

The US stock market finished lower on Thursday.

For the first time in almost a year, the European Central Bank kept interest rates constant on Thursday.

Brent crude climbed 1.5 percent to USD 89.03 per barrel.

According to the data exchange, foreign institutional investors (FIIs) sold securities worth Rs 7,702.53 crore on Thursday.

On Thursday, the BSE benchmark dived 900.91 points, or 1.41 percent, to end below the 64,000 barrier at 63,148.15. The Nifty slumped 264.90 points, or 1.39 percent to 18,857.25.

Also read: Following Attacks By Iranian Forces, US Strikes Two Syrian Facilities

Spriha Rai

Recent Posts

Dinesh Sharma Hails BJP Victory; Slams Opposition For Divisive Politics

Dinesh Sharma praised the BJP's victory in Bihar, criticised the opposition, and highlighted tribal empowerment…

13 hours ago

PM Modi To Strengthen India‑South Africa Ties With Ramaphosa At G20 Summit

PM Modi and Ramaphosa will expand security, trade, and cultural cooperation during their bilateral G20…

15 hours ago

Women-Centric Schemes Drive Pro-Incumbency In Bihar, MP, Maharashtra

Women-centric schemes in Bihar, MP, and Maharashtra boost empowerment, visibility, and pro-incumbency support.

15 hours ago

NFL Transforms Delhi’s Azad Park With Vibrant Murals Under CSR Drive

NFL’s CSR initiative transforms Azad Park with vibrant murals, celebrating art, culture, and community pride.

15 hours ago

Adhir Chowdhury Urges Amit Shah To Safeguard Matua Citizenship Rights

Adhir Chowdhury urges Amit Shah to protect Matua citizenship and voting rights amid SIR concerns.

16 hours ago

Satyajit Ray Reveals Hollywood Plagiarised His Sci-Fi Story; Sparking Shock & Reflection

Satyajit Ray revealed Hollywood plagiarised his sci-fi story The Alien to make ET.

17 hours ago