Contact UsDMCA policyAbout UsPrivacy PolicyTerms of UseDisclaimerCookie Policy
Trending

Sensex surges 506 points to new closing high; Nifty tops 13,100

Sensex surges 506 points to new closing high; Nifty tops 13,100


Equity benchmark Sensex rallied 506 points to close at a fresh lifetime high on Tuesday, backed by gains in IT and finance stocks amid persistent foreign capital inflows. A strengthening rupee and positive leads from other Asian markets too influenced market sentiment, traders said.

The 30-share BSE index ended 505.72 points or 1.15 per cent higher at 44,655.44.

Similarly, the broader NSE Nifty surged 140.10 points or 1.08 per cent to close at 13,109.05.

Sun Pharma was the top gainer in the Sensex pack, rising over 5 per cent, followed by IndusInd Bank, Tech Mahindra, ONGC, Bharti Airtel, Infosys, ICICI Bank and Bajaj Auto.

On the other hand, Kotak Bank, Nestle India, Titan, Bajaj Finance, HDFC Bank and NTPC were among the laggards.

Sector-wise, BSE realty, telecom and teck indices rose up to 3.49 per cent.

Foreign institutional investors remained net buyers in the capital markets as they purchased shares worth Rs 7,712.98 crore on Friday, according to provisional exchange data.

The rupee strengthened 37 paise to close at 73.68 against the US dollar.

Elsewhere in Asia, bourses in Shanghai, Tokyo, Hong Kong and Seoul ended with significant gains.

Stock exchanges in Europe were trading mixed in early deals.

Related Posts

UP Assembly’s Budget Session to commence from…

Furlough: HMRC update Job Retention Scheme claiming rules…

Universal Credit claimants can get help with energy bills…

1 of 1,125

India’s economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent, official data showed on Friday.

Meanwhile, Brent crude futures, the global oil benchmark, was trading 0.10 per cent lower at USD 47.83 per barrel.

Latest Business News



Stay connected with us on social media platform for instant update click here to join our ????️????️ Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Business headlines.

For all the latest Business News Click Here 

For the latest news and updates, follow us on Google News. 

Also, if you like our efforts, consider sharing this story with your friends, this will encourage us to bring more exciting updates for you. 

Source

CategoryBusiness

Related News