Markets climb in early trade on buying in IT, bank stocks

Mumbai, Jan 2: Benchmark equity indices Sensex and Nifty climbed in initial trade on Thursday amid buying in frontline IT and bank stocks.

The 30-share BSE benchmark Sensex climbed 242.95 points to 78,750.36 in early trade. The NSE Nifty went up by 69.25 points to 23,812.15.

From the 30 blue-chip pack, Bajaj Finance, Bajaj Finserv, Kotak Mahindra Bank, Infosys, HCL Tech, Tech Mahindra, Mahindra & Mahindra and Tata Consultancy Services were the biggest gainers.

NTPC, Sun Pharma, Asian Paints and Adani Ports were among the laggards.

The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December despite a significant increase in both domestic and export refunds.

In Asian markets, Seoul, Shanghai and Hong Kong were trading lower.

US markets were closed on Wednesday for New Year holiday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,782.71 crore on Wednesday, according to exchange data.

Global oil benchmark Brent crude climbed 0.44 per cent to USD 74.97 a barrel.

The BSE benchmark climbed 368.40 points or 0.47 per cent to settle at 78,507.41 on the first trading session of 2025 on Wednesday. The Nifty went up by 98.10 points or 0.41 per cent to 23,742.90. (PTI)

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...

Rahul claims proof of poll fraud, BJP-EC ‘collusion’

New Delhi, Aug 7: Congress leader Rahul Gandhi on...

Final 40-44 km of Indo-Bangla border fencing on war footing: CM

Shillong, Aug 7: Chief Minister Conrad K Sangma on...

Three arrested in separate NDPS cases

Shillong, Aug 7: One person identified as Sirajul Haque...

CM takes up citizenship issue of foreign-born clergy with Shah

Shillong, Aug 7: Chief Minister Conrad K Sangma has...

Meghalaya to develop country’s first Slalom course in Ri Bhoi

Shillong, Aug 7: The Meghalaya government has decided to...

Cabinet clears legal framework for tourist vehicle rentals

Shillong, Aug 7: The Meghalaya cabinet has approved a...
spot_img

Related Articles

Popular Categories