4.9 C
London
Monday, February 6, 2023

Sensex gets more than 500 points; Handy Trading Above 17,650 in Firm Global Markets, FII Influx

Must read

Vodafone Idea shares hit 25% higher circuit after government agreed to convert ₹16,133 cr dues into equity

Vodafone idea's shares zoomed on Monday after the government agreed to convert interest payments worth ₹16,133 crore into equity.The share conversion will make the...

BYJU misses March 2023 deadline for group-level profitability, results are delayed again

Edtech firm BYJUs will not be able to meet the March 2023 deadline to reach group level profitability, as it envisioned in its earnings...

Neo-Nazi leader among 2 arrested in conspiracy to attack Baltimore power grid, FBI says

The FBI captured two people, a nationally known neo-Nazi leader, before they could launch an attack on Baltimore's power grid that could "completely destroy...

FTX wants politicians and PACs to pay back their donations • londonbusinessblog.com

FTX and its affiliates have sent confidential letters asking politicians, PACs and other fund recipients to repay donations made by the crypto exchange, once...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

Equity benchmark Sensex climbed more than 500 points in early trading on Friday, followed by gains in the index heavyweights Titan, wipro and infosys amid a strong trend in global markets.



The influx of foreign funds into the capital markets also contributed to the momentum, traders said.

The BSE Sensex climbed 520.85 points to 59,295.57 in early trading. Also the wider NSE useful advanced 163.4 points to 17,685.85.

Among the big winners were Titan, Tech Mahindra, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Wipro, Infosys and Axis Bank.

On the other hand, Bharti Airtel and Nestle were the stragglers.

In Asia, the markets in Seoul, Tokyo, Shanghai and Hong Kong were in the green mid-session.

Wall Street closed in profit on Thursday.

“Intraday markets may remain volatile as investors are likely to remain cautious ahead of Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium,” said Prashanth Tapse – Research Analyst, Senior VP (Research) , Mehta Equities Ltd.

The BSE benchmark fell 310.71 points or 0.53 percent to settle at 58,774.72 on Thursday. The Nifty fell 82.50 points or 0.47 percent to end at 17,522.45.

Meanwhile, the international oil benchmark Brent oil climbed 0.78 percent to $100.11 a barrel.

Foreign institutional investors (FIIs) bought shares worth Rs 369.06 crore on Thursday, according to data from the exchange.

ALSO SEE :

Syrma SGS Technology is slightly below gray market expectations at 19% premium

Chhattisgarh government to set up 1,320MW thermal power plant in Korba . district

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Vodafone Idea shares hit 25% higher circuit after government agreed to convert ₹16,133 cr dues into equity

Vodafone idea's shares zoomed on Monday after the government agreed to convert interest payments worth ₹16,133 crore into equity.The share conversion will make the...

BYJU misses March 2023 deadline for group-level profitability, results are delayed again

Edtech firm BYJUs will not be able to meet the March 2023 deadline to reach group level profitability, as it envisioned in its earnings...

Neo-Nazi leader among 2 arrested in conspiracy to attack Baltimore power grid, FBI says

The FBI captured two people, a nationally known neo-Nazi leader, before they could launch an attack on Baltimore's power grid that could "completely destroy...

FTX wants politicians and PACs to pay back their donations • londonbusinessblog.com

FTX and its affiliates have sent confidential letters asking politicians, PACs and other fund recipients to repay donations made by the crypto exchange, once...

What do investors need from your problem slide? • londonbusinessblog.com

Throw half a dozen entrepreneurs together in a room with a whiteboard, and they can come up with a thousand business ideas in a...