Indian Market: Sensex moves up over 500 points
The BSE Sensex on Wednesday bounced back 598 points at 65,532.45 in the opening session as buying was seen across the board amid a positive Asian market.
The National Stock Exchange (NSE) rose 182.91 points to 19,626.
The NSE posted intraday highs and lows at 19,653.35 and 19,579.65 pts, respectively.
Slumping over 300 points on Monday, the equity market jumped in early trade on Wednesday, as there was no trading on Tuesday owing to Diwali Pratipada.
The stocks, including real estate, technology, and industrials, lifted the market.
The Mid Cap moved up 0.57 pc and the Small Cap by 1.05 pc.
In 30 scrips, 26 advanced while 4 declined.
The gainers were Tech Mahindra by 2.68 pc to be 1161.55, JSW Steel by 2.55 pc to be 780.40, Tata Steel by 2.32 pc to be Rs 123.75, Wipro by 1.98 pc to be Rs 389.25, and Infosys by 1.93 pc to be Rs 1400.7.
The losers were Powergrid by 0.19 pc to Rs 211.90, Sun Pharma by 0.19 pc to Rs 1175, Nestle India Ltd by 0.11 pc to Rs 24,060.65, and Hind Unilever by 0.04 pc to Rs 2482.
The Asian market, too, was up.
(With UNI inputs)
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Teen batter Vaibhav Suryavanshi slams record-breaking century in Australia
Priyanka Chopra looks stunning in traditionals during her visit to Kajol-Rani Mukerji's Durga Puja celebrations
Indian High Commission hosts ‘Startup Connect’ event for Bangladeshi innovators
Sangh stands as the embodiment of eternal national spirit: Modi on RSS' 100 years
