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

Ranji Trophy: Jadeja Shines With Century And Three Wickets As KL Rahul Struggles Again

KL Rahul managed just one run in Karnataka’s second innings against Andhra, while Ravindra Jadeja…

26 mins ago

India Target Series Win Against West Indies In Fourth T20I In Hyderabad

India will aim to secure the five-match T20I series against the West Indies in Hyderabad,…

1 hour ago

Amit Shah Takes Aim At Rahul Gandhi After BJP Secures Gandhinagar Civic Poll Victory

Amit Shah challenged Rahul Gandhi to explain the Congress’s repeated electoral setbacks in Gujarat after…

2 hours ago

HM Amit Shah Targets Rahul Gandhi; Says Congress Has Continued Losing Elections Under His Leadership

Amit Shah attacked Rahul Gandhi over Congress’s electoral record, citing poll results in Gujarat, Tripura…

2 hours ago

PM Modi Says India’s Growth Story Offers Immense Opportunities Across Sectors

Prime Minister Narendra Modi welcomed Bloomberg’s plans to expand its presence in India, highlighting the…

2 hours ago

Delhi Shopkeeper Alleges Police Personnel Took Away Gas Cylinder, Griller Machine Over Bribe Demand

Delhi shopkeeper has alleged that a police personnel took away his gas cylinder and griller…

2 hours ago