Business

Stock Markets Recover As April’s GST Revenues Set A Record

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

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…

4 hours 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…

5 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…

5 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…

6 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…

6 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…

6 hours ago