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HomeBusinessSensex Ups Second Consecutive Day With 934 Points, Nifty Settles At 15,639

Sensex Ups Second Consecutive Day With 934 Points, Nifty Settles At 15,639

The Benchmark indices ended higher for the second consecutive session on June 21 with Nifty finishing above 15,600.

At close, the Sensex was up 934.23 points or 1.81% at 52,532.07, and the Nifty was up 288.60 points or 1.88% at 15,638.80. About 2428 shares have advanced, 819 shares declined, and 125 shares are unchanged.

Titan Company, Hindalco Industries, JSW Steel, Coal India and Adani Ports were among the top Nifty gainers. The only losers is Apollo Hospitals.

All the sectoral indices ended in the green with IT, metal, oil & gas, power, realty and PSU Bank up 3-6 percent.

Indian rupee ended 10 paise lower at 78.08 per dollar on Tuesday against Monday’s close of 77.98.

Oil prices rose on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on Russian oil after its invasion of Ukraine.

Brent crude rose $1.61, or 1.4%, to $115.74 a barrel by 0825 GMT.

U.S. West Texas Intermediate (WTI) crude for July, which expires later on Tuesday, rose $2.29, or 2.1%, to $111.85. The more-active WTI contract for August was up $2.48 at $110.47 a barrel.

Hindustan Petroleum Corporation (HPCL) issued Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Debentures of Rs 10,00,000 each aggregating to Rs 1,500 crore on private placement basis on June 20, 2022 for funding of refinancing of existing borrowings and/or funding of capital expenditure of the Issuer, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business of the Issuer.

Noida-based India Exposition Mart Limited has received capital market regulator Sebi’s nod to raise funds through an initial public offering (IPO). The initial share sale with a face value of Rs 5 per equity share comprises fresh issue of equity shares aggregating up to Rs 450 crore and an offer-for-sale (OFS) of up to 11,210,659 equity shares by existing shareholders. The Offer is being made through the book building process, wherein note less than 75% of the offer shall be available for allocation to QIB, not more than 15% of the offer shall be available for allocation to non-institutional bidders and not more than 10% of the offer shall be available for allocation to retail individual bidders.

A meeting of the board of directors of Hindustan Aeronautics will be held on June 28, 2022, to consider, the recommendation of final dividend for the financial year 2021-22.

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