Monday, November 28, 2022

Home Business Sensex Surges 415 Points; Metal, Tech Stocks Rally

Sensex Surges 415 Points; Metal, Tech Stocks Rally

Mumbai (Maharashtra): The Indian stock market’s benchmark Sensex was trading with a gain of over 400 points in the afternoon session on Thursday led by strong buying support in metal, tech and auto stocks amid strong cues from the global equities.


The 30 stock S&P BSE Sensex was trading 414.94 points or 0.71 per cent higher at 58,480.41 points at 1.12 pm against its previous session’s close at 58,065.47 points.

Tracking the rally in the global equities markets, the Sensex started the day sharply higher at 58,314.05 points and soared to a high of 58,578.76 points.

The Sensex touched a low of 58,290.47 points in the intra-day.


This is the second consecutive day of strong rally in the Indian equities markets. The Sensex had gained 1276.66 points or 2.25 per cent on Tuesday, the previous trading day.


The broader Nifty 50 of the National Stock Exchange jumped 119.45 points or 0.69 per cent to 17,393.75 points against its previous session’s close at 17,274.30 points.


The Nifty had gained 386.95 points or 2.29 per cent on Tuesday.


There was strong buying support in metal, tech and auto stocks. Tata Steel surged 2.13 per cent to Rs 103.30. L&T jumped 2.11 per cent to Rs 1911.


IT stocks rallied. HCL Technologies jumped 1.97 per cent to Rs 964.30. Infosys climbed 1.85 per cent to Rs 1456.30. Wipro jumped 1.22 per cent to Rs 410.55.


Maruti Suzuki soared 1.07 per cent to Rs 8780.20. The index heavyweight Reliance Industries Limited was trading 1.01 per cent higher at Rs 2437.50. ICICI Bank soared 2.73 per cent to Rs 891.30.


Axis Bank, State Bank of India, ITC, Sun Pharma, Titan, Tech Mahindra, Mahindra & Mahindra, TCS and NTPC were among the major Sensex gainers.


Hindustan Unilever slumped 1.96 per cent to Rs 2615. Bharti Airtel, Bajaj Finance, IndusInd Bank, Power Grid Corporation and HDFC were among the major Sensex losers.

RELATED ARTICLES

MP: Police Seize Opium Worth Rs 6.5 Cr being Brought From northeast

Mandsaur (Madhya Pradesh): 65 kilograms of opium worth Rs 6.5 crore being brought from the northeast in a truck were seized in Mandsaur, police said on Sunday. ...TAP TO READ MORE.

FIFA WC: Fuller’s Goal Guides Costa Rica To 1-0 Win Over Japan

Al Rayyan [Qatar]: Keysher Fuller's goal helped Costa Rica beat Japan 1-0 in the Group E match played here at Ahmed bin Ali Stadium. ...TAP TO READ MORE.

BCCI Enters Guinness World Record For Largest Crowd Attendance in T20 Match

New Delhi [India]: The Board of Control for Cricket in India (BCCI) announced that they have entered into the Guinness Book of World Records for the largest crowd attendance during a T20 match. ...TAP TO READ MORE.

Most Popular

MP: Police Seize Opium Worth Rs 6.5 Cr being Brought From northeast

Mandsaur (Madhya Pradesh): 65 kilograms of opium worth Rs 6.5 crore being brought from the northeast in a truck were seized in Mandsaur, police said on Sunday. ...TAP TO READ MORE.

FIFA WC: Fuller’s Goal Guides Costa Rica To 1-0 Win Over Japan

Al Rayyan [Qatar]: Keysher Fuller's goal helped Costa Rica beat Japan 1-0 in the Group E match played here at Ahmed bin Ali Stadium. ...TAP TO READ MORE.

BCCI Enters Guinness World Record For Largest Crowd Attendance in T20 Match

New Delhi [India]: The Board of Control for Cricket in India (BCCI) announced that they have entered into the Guinness Book of World Records for the largest crowd attendance during a T20 match. ...TAP TO READ MORE.

Odisha Primary School Teachers Stage Protest In Bhubaneswar

Bhubaneswar (Odisha): Primary school teachers from different parts of Odisha staged a protest in Bhubaneswar on Sunday with their three-point charter of demands for the state government. ...TAP TO READ MORE.

Recent Comments