Business

Stock Markets Soar In Special Trading Session 1

Equity benchmark indices Sensex and Nifty soared in early trade in a special trading session on Saturday, extending their advance for the third day in a row, boosted by fresh foreign fund inflows.

The 30-share BSE Sensex surged 158.01 points to 74,075.04 in early trade. The NSE Nifty advanced 53.75 points to 22,519.85.

Zydus, HAL, Bharti Electronic, Vedanta, IRFC, Nestle India, JIO Financial Serv., GAIL(India), Power Grid Corp, and IRCTC were the top gainers.

Among the laggards were JSW Steel, Merico, Varun Beverages Shree Cement, Avenue Supermarts, ICICI Prudential, and Bosch.

US markets closed mostly higher on Friday.

According to exchange data, Foreign Institutional Investors (FIIs)bought equities worth Rs 1,616.79 crore on Friday.

Brent crude gained 0.85 percent to USD 83.98 per barrel.

On Friday, the Sensex inched up 253.31 points or 0.34 percent to 73,917.03, while the Nifty moved 62.25 points or 0.28 percent to 22,466.10.

The National Stock Exchange (NSE) announced on May 7 that it will hold a special trading session in the equity and equity derivative segments on May 18 to check its preparedness to handle substantial disruption or failure at the primary site.

The special live trading session will involve an intra-day switchover from the Primary Site (PR) to the Disaster Recovery (DR) site.

According to the circular, there will be two sessions — the first from 9:15 am to 10 am from the PR, and the second from 11:30 am to 12:30 pm from the DR site.

Earlier, the BSE and NSE held a special trading session on March 2 (Saturday) in the equity and equity derivative segments.

Also read: Sensex Climbs 253 Points; Nifty Closes Above 22k

Spriha Rai

Recent Posts

Yemen’s Houthis Claim Responsibility For Missile Attack On Israel

Yemen's Houthis claimed responsibility for a missile attack on Israel's Negev region, targeting the Negev…

5 hours ago

From ‘Razia Sultan’ To ‘Sarfarosh’: The Timeless Journey Of Nida Fazli, ‘Main Nida’

A special screening of the film 'Main Nida', based on the life of the renowned…

6 hours ago

Flood Alert In PoK’s Muzaffarabad After Alleged Jhelum Water Release

A flood alert was issued across Muzaffarabad on Saturday after locals reported a sudden rise…

7 hours ago

Zelensky, Trump Hold Talks In Rome Ahead Of Pope’s Funeral; Discusses Ceasefire & Peace

US President Donald Trump and Ukrainian President Volodymyr Zelensky met in Rome on Saturday ahead…

8 hours ago

Pahalgam Terror Attack: Ishan Educational Institutions Organises Protest Against Terrorism

Ishan Educational Institutions, Greater Noida, today organised a peaceful protest march condemning the recent terror…

9 hours ago

Complete Ban On Drone Flights Over Noida International Airport ‘Red Zone’

Authorities have imposed a complete ban on the operation of drones and UAVs over and…

9 hours ago