Markets rally for 3rd day on easing geopolitical tensions; Sensex, Nifty jump over 1 pc

advertisement

Mumbai, June 26: Equity benchmark indices Sensex and Nifty surged over 1 per cent on Thursday, taking their winning momentum to the third day running, amid growing optimism following easing geopolitical tensions and buying in market heavyweights HDFC Bank and Reliance Industries.

advertisement

The 30-share BSE Sensex jumped 1,000.36 points or 1.21 per cent to settle at 83,755.87. During the day, it surged 1,056.58 points or 1.27 per cent to 83,812.09.

The 50-share NSE Nifty rallied 304.25 points or 1.21 per cent to 25,549.

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers.

In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.

In Asian markets, Japan’s Nikkei 225 index settled higher, while South Korea’s Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ended lower.

European markets were trading in the green in mid-session deals.

US markets ended on a mixed note on Wednesday.

Global oil benchmark Brent crude climbed 0.18 per cent to USD 67.80 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,427.74 crore on Wednesday, while Domestic Institutional Investors (DII) bought stocks worth Rs 2,372.96 crore, according to exchange data.

advertisement

On Wednesday, the Sensex jumped 700.40 points, or 0.85 per cent, to settle at 82,755.51. The Nifty climbed 200.40 points, or 0.80 per cent, to 25,244.75. (PTI)

advertisement

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

2025 PN7: Earth’s Mini-Moon Until 2083

By Satyabrat Borah The discovery of a second moon orbiting...

Zubeen Garg: The Melancholic Troubadour Who Gave Voice to Assam’s Soul

By Dipak Kurmi More than a month has elapsed since...

Rajnath reviews Army’s ‘Thar Shakti’ exercise near Indo-Pak border in Rajasthan

Jaisalmer, Oct 24: Defence Minister Rajnath Singh on Friday...

Those involved in attack in Dhalai will get exemplary punishment: Tripura CM

Agartala, Oct 24 : Tripura Chief Minister Manik Saha...

Trump says he’s ending trade talks with Canada over TV ads

Washington, Oct 24: President Donald Trump announced he's ending...

IAF chief calls for training overhaul to meet global threats

Bengaluru, Oct 24 : Air Chief Marshal AP Singh...

Shahbaz returns as Bengal eye second win amid rain threat

Kolkata, Oct 24: Bolstered by the return of spin-bowling...
spot_img

Related Articles

Popular Categories