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 Tennis Times 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 Tennis Times.
More InformationThe New York Yankees provided Double-A Somerset with a load of talent on Tuesday as a trio of players reported ...
The Tennessee Titans announced a pair of transactions Tuesday -- the official signing of the team's latest first-round draft pick ...
The Detroit Tigers placed left-hander Eduardo Rodriguez on the 15-day injured list Tuesday with an index finger injury, while outfielder ...
The Milwaukee Brewers placed outfielder Jesse Winker on the injured list Tuesday with a cervical strain and recalled infielder Abraham ...
The Baltimore Orioles placed center fielder Cedric Mullins (groin) on the 10-day injured list Tuesday and replaced him on the ...
One day after he was claimed off waivers, catcher Gary Sanchez was activated onto the San Diego Padres' roster in ...
Kabul [Afghanistan], May 31 (ANI): India is strengthening its soft power in Afghanistan by providing critical aid through Iran, thereby ...
In New Brunswick, the issue of inclusion in schools is most recently in the spotlight due to calls to review ...
atlanta - Former first lady Rosalynn Carter has dementia and remains at home, her family has announced.Carter, 95, remains at ...
Quarterback Deshaun Watson made it crystal clear Tuesday that he'd love for the Cleveland Browns to sign his former teammate ...
New Delhi [India], May 30 (ANI): The Delhi High Court on Tuesday refused to grant any stay to the residents ...
WASHINGTON - The U.S. on Tuesday imposed sanctions on 17 people and entities based in China and Mexico who it ...