Stock markets rebounded on Thursday, with the Sensex finishing up 128 points after record GST collections in April, upbeat industrial statistics, and foreign capital inflows boosted investor morale.
The 30-share BSE Sensex soared 128.33 points or 0.17 percent to 74,611.11. During the day, it climbed 329.65 points or 0.44 percent to 74,812.43.
The NSE Nifty advanced 43.35 points or 0.19 percent to 22,648.20.
RECL, Cholamandalam Invest, Power Finance Corp, Trent, BPCL, Bosch, Power Grid Corp, Zydus, Asian Paints, Dabur India, and Vadanta were the top gainers.
Among the laggards were Kotak Mahindra Bank, PNB, Pidilite Industries, GAIL (India), Tata Consumer, Bharti Airtel, Axis Bank, and HDFC Life Insurance.
In Asian markets, Hong Kong, and Malaysia concluded in the green, while Tokyo, South Korea, Shanghai, and Taiwan ended in the red.
European stocks were trading on a mixed note.
US markets concluded on a mixed note on Wednesday.
Brent crude gained 1.02 percent to USD 83.88 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 1,071.93 crore on Tuesday.
On Wednesday, Domestic equity markets were closed to commemorate Maharashtra Day.
On Tuesday, the Sensex sank 188.50 points or 0.25 percent to 74,482.78, while the NSE Nifty lost 38.55 points or 0.17 percent to 22,604.85.
Also read: Iran Sanctions US, UK Officials, Entities For Supporting Israel
For Maha Kumbh 2025, preparations are in full swing as authorities work to ensure all…
Prime Minister Narendra Modi wrapped up his two-day visit to Kuwait on Sunday evening. In…
Maha Kumbh 2025 with preparations for the Maha Sammelan are in full swing as 13…
The MRM strongly endorsed Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s statement on temple-mosque disputes.…
For Maha Kumbh-2025, the Prayagraj Mela Authority has made extensive preparations to provide a clean…
Prime Minister Narendra Modi is all set to attend the Christmas celebrations at CBCI Centre…