Previous   Next
HomeBusinessSensex Ends 113 Points Higher, Nifty Ends Above 17180-17200

Sensex Ends 113 Points Higher, Nifty Ends Above 17180-17200

Indian stock markets snapped four days of losses to close higher on Thursday, largely led by gains in IT stocks, amid a volatile session.

The Sensex rose 113.11 points, or 0.2%, to end the day at 57,901.14, and Nifty closed up 27 points at 17,248.40.

On the Nifty, Bajaj Finance, Infosys, BPCL, Titan Company and Reliance Industries were among the top gainers, while Hindalco Industries, Cipla, Maruti Suzuki, ICICI Bank and Hero MotoCorp fell the most.

Barring IT and oil & gas indices, all other sectoral indices ended in the red. BSE MidCap and SmallCap indices eased 0.5% each.

Indian markets opened on a positive note following Asian market cues as globally investors assess US Fed’s decision on taper and rates. The US Fed communicated to aggressively unwind bond buying and sees three rate hikes in 2022 and two each in following next two years. During the afternoon session, the markets continued to hold their head above water. However, upside remain capped on relentless FII selling in capital markets which impacted traders’ sentiment. During the closing session, the markets succumbed to selling pressure.


Please enter your comment!
Please enter your name here

More News

India Has Two Major Obstacles In Dealing With China: Jaishankar 

Speaking at the media summit, Mr. Jaishankar said asserted that India has two enormous handicaps in dealing with China including the defeat in the...

Assam CM’s Dig At Rahul Gandhi Says Rahul Gandhi Looks Like Saddam Hussain

Assam chief minister Himanta Biswa Sarma in his latest dig at Rahul Gandhi said that the Congress leader's looks have changed and he looks...

Nearly 75% Twitter Employees Layoffs In A Month, Will Elon Musk’s New Policy Be Able To Assure The Employees

After cutting nearly 75% workforce of Twitter in less than a month since the takeover, Elon Musk is now reported to have kept the...


Keep Your Money Safe, Jeff Bezos Warns Economic Recession

Amazon founder Jeff Bezos recently warned consumers and businesses that they should consider postponing large purchases during the holiday season as an economic recession...

G20 Presidency Is A Proud Occasion For Every Indian: PM Modi

Indonesia President Joko Widodo handed over the G20 Presidency to India at the closing ceremony of the 17th intergovernmental summit in Bali on Wednesday....

Unmanned Trains Will Run Soon In India

Bharat Electronics Ltd (BEL) has signed an agreement with Delhi Metro Rail Corporation Ltd (DMRC) to jointly develop an indigenous communication-based train control system...