ANI
03 Aug 2022, 21:37 GMT+10
Mumbai (Maharashtra) [India], August 3 (ANI): The Indian stock market's benchmark indices, Sensex and Nifty, rallied for the sixth straight session on Wednesday led by strong buying support in IT stocks.
The 30 stock SP BSE Sensex jumped 214.17 points or 0.37 per cent to 58,350.53 points against its previous day's close at 58,136.36 points.
The Sensex witnessed volatile trading during the day. It started the day in the positive at 58,174.11 points but soon slipped into the red. It touched a low of 57,788.78 points in the intra-day. The markets witnessed strong buying support in the last hour of the trade. The Sensex surged to a high of 58,415.63 points in the intra-day.
The Sensex has closed in the positive for the sixth consecutive session. The index had closed 20.86 points or 0.04 per cent higher on Tuesday.
The broader Nifty 50 of the National Stock Exchange jumped 42.70 points or 0.25 per cent to close at 17,388.15 points. The Nifty has closed in the positive for the sixth straight trading session. The index had gained 5.40 points or 0.03 per cent on Tuesday.
There was strong buying support in IT stocks.
Tech Mahindra surged 1.97 per cent to Rs 1052.85. The country's largest IT firm Tata Consultancy Services soared 1.51 per cent to Rs 3339.60. Infosys jumped 1.44 per cent to Rs 1565.15. HCL Technologies closed 0.63 per cent higher at Rs 956.95. Wipro rose 0.61 per cent to Rs 432.15.
The index heavyweight Reliance Industries Limited surged 0.88 per cent to Rs 2605.80.
Titan, Asian Paints, ICICI Bank, Bharti Airtel, HDFC, Power Grid Corporation, HDFC Bank and Dr Reddy's Laboratories were among the major Sensex gainers.
Auto firms witnessed selling pressure after the recent rally. Maruti Suzuki slumped 2.29 per cent to Rs 8956.70. MahindraMahindra closed 0.12 per cent lower at Rs 1253.70. Sun Pharma slipped 2.17 per cent to Rs 896.90.
Kotak Bank, IndusInd Bank, Bajaj Finance, ITC, UltraTech Cement, Hindustan Unilever and Nestle India were among the major Sensex losers. (ANI)
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationDUBAI, UAE - The bustling real estate market in Dubai has surged to unprecedented heights, reporting transactions valued at over ...
ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...
LONDON, UK: In a deal aimed at securing the future of the British steel industry, the United Kingdom (UK) government ...
BERLIN, Germany: Mercedes-Benz has been warned that Germany could issue a recall for some autos found to have pollution-defeat devices ...
ABU DHABI, 22nd September, 2023 (WAM) -- Etihad Airways is doubling its daily flights between Abu Dhabi and Kuala Lumpur, ...
U.S. Sen. Bob Menendez of New Jersey and his wife were indicted Friday on charges that they took bribes of ...
New York [US], September 23 (ANI): External Affairs Minister S Jaishankar on Friday (local time) held a meeting with counterparts ...
Kiev's forces reportedly fired Storm Shadow cruise missiles during its most-recent strikes on CrimeaUkraine used British-supplied Storm Shadow missiles to ...
washington - The European Union and its Western partners are grappling with how to maintain diplomatic relations in the Sahel ...
The United States is the only Western nation among the world's 50 most conflict-ridden countries, according to new research that ...
INSTANBUL - As the Turkish government has stepped up its pledges to protect family values, members of the LGBTQ community ...
Washington, DC [US], September 23 (ANI): The I2U2 group of India, Israel, the United Arab Emirates and the United States ...