Saturday, December 14, 2024
Home News Benchmark Sensex gains 346 points on firm trends in global markets

Benchmark Sensex gains 346 points on firm trends in global markets

Sensex,

In light of fresh foreign fund inflows and a firm trend in global markets, the benchmark Sensex gained 346 points and the Nifty closed close to the 17,100 level on Wednesday.

 

The upward momentum was also bolstered by purchases of auto stocks, services, real estate, and commodities.

 

At 57,960.09, the 30-share BSE Sensex finished 346.37 points, or 0.60 percent, higher. It gained 510.48 points, or 0.88 percent, to 58,124.20 during the day. The larger NSE Nifty gained 0.76 percent, or 129 points, to finish at 17,080.70.

HCL Technologies, Tata Motors, Hindustan Unilever, NTPC, IndusInd Bank, Bajaj Finserv, Bajaj Finance, and Mahindra & Mahindra were among the Sensex companies that experienced significant gains. The laggards included Bharti Airtel, Reliance Industries, ICICI Bank, and Asian Paints. Seoul, Japan, and Hong Kong all finished in the green, while Shanghai ended in the red.

 

During afternoon trading, European markets were in the positive zone. On Tuesday, the US market closed down.

 

In the meantime, the benchmark for global oil, Brent crude, increased by 0.38% to USD 78.95 per barrel.

 

According to exchange data, foreign portfolio investors were net buyers of shares on Wednesday, purchasing shares worth Rs 1,245.39 crore.

chart

first published: March 30 2023 | 12:37 am First

RELATED ARTICLES

Markets end FY23 in style; Sensex Nifty rally nearly 2% on firm global trends

Market, The final day of the fiscal year 2022-23 saw gains for benchmark indices, with a gain of nearly 2% on Friday, extending gains for...

Day trading guide for today: 6 stocks to buy or sell on Friday — 31st March

Trading, Day trading guide for today: Indian shares gained on Wednesday as global markets' increased risk appetite was aided by easing in the banking industry....

Financial, IT stocks aid Indian shares snap three-month losing streak

Financial, By Bharat Rajeshwaran BENGALURU (Reuters) - Indian shares rose on Friday, supported by a higher weighting of financial stocks and information technology (IT) stocks,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

SIGNUP & GET $10000 BONUS

Most Popular

Olymp Trade Trading Guide: From Beginners to Advanced Traders

Online trading platforms like Olymp Trade have become popular among individuals looking to earn additional income. Whether you're a beginner stepping into the world...

Trading the Inside Bar Pattern on Pocket Option Platform

Inside Bar Pattern Introduction Price movement on a chart is examined in price action trading. You may use candlesticks to predict where prices will move...

“Unlocking the Secrets: 4 Tricks of Successful Traders on Pocket Option Platform”

For a year, I have been trading on the Pocket Option platform. I sometimes succeed and sometimes fail. However, I was confident that if...

Identifying Mistakes That Lead to Losses on Pocket Option

Why do people lose their money when trading binary options New traders frequently take a significant financial risk while trading binary options. As a result,...

Recent Comments