Indian Market: Sensex recovers 261.16 pts
The BSE Sensex on Tuesday jumped 261.16 pts to close at 66,428.09 on the strength of Utilities, Power, Energy stocks.
The Nifty of National Stock Exchange (NSE) gained 79.75 pts at 19,811.50.
The Sensex opened on a strong note at 66,558.15, up 392 pts. It was spurted 393 pts at 66,559.82 during the day, before closing at 66,428.09, advancing 261.16 pts from its previous close.
The stocks that lifted the market were Utilities by 1.21 pc, Power by 0.98 pc, Energy by 0.94 pc and Telecommunications by 0.64 pc.
The Mid Cap rose by 0.39 pc and Small Cap by 0.70 pc.
In 30 scrips, 22 advanced while 8 declined.
The gainers were Powergrid by 1.97 pc to Rs 207.05, Kotak Bank by 1.22 pc to Rs 1771.50, Tech Mahindra by 1.17 pc to Rs 1197.40, ITC by 1.06 pc to Rs 453.45 and NTPC by 1.03 pc to Rs 245.95.
The losers were Tata Motors by 1.55 pc to Rs 655.75, L& T by 1.13 pc to Rs 3068.50, IndusInd Bank by 1.13 pc to Rs 3068.50 and TCS by 0.50 pc to Rs 350.65.
(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
Exercise Pacific Reach: Indian Navy demonstrates global submarine rescue capability
US govt shutdown hits H-1B visa processing, leaves Indian techies in limbo
Delhi Police recover sex toy, obscene CDs from self-styled godman Chaitanyananda’s ashram
Tripura jailbreak: One inmate nabbed, massive search for five continues
