Sensex rises by 89.64 points as market closes in green
The BSE Sensex on Wednesday rose 89.64 pts to close at 72101.69 on the strength of Energy, Oil and Gas, Power and Telecommunications stocks ahead of US Federal Reserve rates decision.
The National Stock Exchange (NSE) gained 21.65 pts at 21,839.10.
The NSE registered days high and low at 21,930.90 and 21,710.20 pts respectively.
Slumping over 700 pts on Tuesday, the Sensex opened at 72036.86, rising 24 pts. During the day it was surged 390 pts at 72402.67, days high, before closing 72101.69, gaining 89.64 pts from its previous close.
The stocks that lifted the market were
Energy by 1.09 pc, Oil and Gas by 1.07 pc, Power by 0.92 pc and Telecommunication by 0.61 pc.
The Mid-cap rose by 0.05 pc while Small Cap fell by 0.14 pc.
In 30 scrips, 20 advanced, while 10 declined.
The gainers were Maruti Suzuki by 2.92 pc to Rs 11936.20, Powergrid by 2.16 pc to Rs 264.55, Nestle India Ltd by 2.09 pc to Rs 2548.80, SBI by 1.92 pc to 737 and ITC by 1.55 pc to Rs 415.85.
The losers were Tata Steel by 1.98 pc to Rs 145.70, Tata Motors by 1.76 pc to Rs 940.70, Axis Bank by 1.53 pc to Rs 1033.50 and HDFC Bank by 1.23 pc to Rs 1431.10.
(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
Farah Khan breaks silence on 'unfollowing' Deepika Padukone and '8-hr shift' remark
'It feels good when country's leader bats on front foot': Suryakumar Yadav on PM Modi's 'Operation Sindoor on games field' post
US asked India not to start war against Pakistan after 26/11: Chidambaram's admission embarrasses Congress; BJP reacts
Nicole Kidman, Keith Urban separate after 19 years
