Stock markets: Sensex surges over 900 points, Nifty settles around 21,200 in closing bell
Business | Dec 14, 2023, 08:11 PM ISTThe 30-share BSE Sensex ended higher by 929.60 points, while the Nifty gained 256.35 points.
The 30-share BSE Sensex ended higher by 929.60 points, while the Nifty gained 256.35 points.
As the trading day commences, the Sensex has a bearish start, opening at 69,518 points, while the Nifty records a slump, touching 20,906 points.
The surge was primarily fueled by the Reserve Bank's announcement, triggering substantial buying activities, especially in banking and other rate-sensitive stocks.
Business news: Among sectoral indices, IT, teck and bankex rose by 1.08 per cent, 0.97 per cent and 0.89 per cent, respectively. On the other hand, utilities lost by 1.72 per cent and power slid 1.58 per cent. Besides, FMCG fell 1.13 per cent, telecommunication declined 0.73 per cent.
According to current trends, the Bharatiya Janata Party (BJP) is leading in three states including Madhya Pradesh, Rajasthan and Chhattisgarh impact of which is likely to impact the stock market opening on Monday.
In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high.
In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
The 30-share BSE Sensex advanced 305.44 points to 66,479.64 in early trade. Meanwhile, the Nifty climbed 103 points to 19,992.70.
The 30-share BSE Sensex advanced 128.76 points to 66,098.80 in early trade. Meanwhile, the Nifty climbed 53.35 points to 19,848.05.
The closure marks a moment of respect and acknowledgement for the Sikh community, commemorating the birth anniversary of Guru Nanak Dev Ji, the founder of Sikhism.
In the early trade, the 30-share BSE Sensex jumped 67.71 points to 66,085.52 in early trade. The Nifty climbed 28.9 points to 19,830.90 points.
Foreign Institutional Investors (FIIs) were noted to offload equities worth Rs 306.56 crore on Wednesday, according to exchange data.
The 30-share BSE Sensex advanced 182.62 points to 66,205.86 in early trade, extending its previous day's gain. The Nifty climbed 54.35 points to 19,866.20.
The 30-share BSE Sensex climbed 74.43 points to 66,005.20 in early trade. The Nifty went up by 26.15 points to 19,809.55.
In the early trade, the 30-share BSE Sensex climbed 268.31 points to 65,923.46. Meanwhile, the Nifty declined was also up by 85.1 points to 19,779.10 points.
In the early trade, the 30-share BSE Sensex fell 97.18 points to 65,697.55 in early trade. The Nifty declined 15.3 points to 19,716.50 points.
In Asian markets, Seoul and Hong Kong settled lower, while Tokyo and Shanghai ended in the green. European markets were trading with gains. The US markets ended on a mixed note on Thursday.
In the early trade, the 30-share BSE Sensex fell 168.91 points to 65,507.02 in early trade. The Nifty declined 48.45 points to 19,627 points.
The broader market indices also exhibited positive trends, with the BSE Midcap index advancing by 0.90 per cent and the BSE Smallcap index registering a rise of 1.13 per cent.
Stock markets: The 30-share BSE Sensex jumped 645.08 points to 65,578.95 in early trade. Meanwhile, the Nifty climbed 209.8 points to 19,653.35.
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