ANI
11 Aug 2022, 16:48 GMT+10
Mumbai (Maharashtra) [India], August 11 (ANI): The Indian stock market's key indices surged by around one per cent on Thursday with the benchmark Sensex climbing above 59,000 points mark led by strong buying support in IT, banking and financial stocks.
The 30 stock SP BSE Sensex surged 515.31 points or 0.88 per cent to 59,332.60 points against its previous day's close at 58,817.29 points.
Tracking the positive cues from the global equities markets, the Sensex started the day sharply higher at 59,320.45 points and surged to a high of 59,484.99 points in the intra-day. The Sensex hit a low of 59,251.14 points in the intra-day.
The broader Nifty 50 of the National Stock Exchange surged 124.25 points or 0.71 per cent to 17,659.00 points.
The Nifty started the day sharply higher at 17,711.65 points and surged to a high of 17,719.30 points in the intra-day.
There was strong buying support in IT, banking and financial stocks.
Axis Bank surged 2.75 per cent to Rs 759.20. HDFC soared 2.14 per cent to Rs 2449.10. State Bank of India soared 1.95 per cent to Rs 524.55. Kotak Bank soared 1.46 per cent to Rs 1854.15. HDFC Bank rose 1.42 per cent to Rs 1486.75.
Tech Mahindra soared 2.12 per cent to Rs 1077.15. Wipro rose 1.93 per cent to Rs 438.40. The country's largest IT firm Tata Consultancy Services climbed 1.98 per cent to Rs 3422.45.
The index heavyweight Reliance Industries Limited closed 0.32 per cent higher at Rs 2590.20.
Only 11 out of the 30 scrips that are part of the benchmark Sensex closed in the red. ITC slipped 1.56 per cent to Rs 306.30. NTPC slumped 1.38 per cent to Rs 153.55. Hindustan Unilever rose 1.04 per cent to Rs 2612.35. Bharti Airtel fell 0.76 per cent to Rs 709.55.
Maruti Suzuki, Nestle India, Power Grid Corporation, Asian Paints, and MahindraMahindra were among the major Sensex losers. (ANI)Get a daily dose of Manufacturing Mirror 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 Manufacturing Mirror.
More InformationPublicly, Beijing has presented itself as a neutral party in the war sparked by Russia's full-scale invasion of Ukraine, claiming it...
London [UK], July 11 (ANI): New UK package of support for Ukraine's immediate and longer-term needs was tabled at Ukraine Recovery...
Arrests of critics mount as authorities allege a wide-ranging plot to overthrow Prime Minister Nikol Pashinyans government An Armenian...
Patna (Bihar) [India], July 9 (ANI): RJD leader Tejashwi Yadav on Wednesday heavily criticised the Election Commission of India for...
Fazilka (Punjab) [India], July 9 (ANI): Two accused in the murder of Abohar businessman Sanjay Verma were killed in retaliatory police...
Patna (Bihar) [India], July 8 (ANI): Bihar ADG Kundan Krishnan on Tuesday informed that the shooter who was involved in the businessman...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
New Delhi [India], July 11 (ANI): Trade negotiations between the United States and China are moving slowly, raising the chances that...
(Photo credit: Brad Penner-Imagn Images) Anthony Volpe scored the tiebreaking run on a bases-loaded sacrifice fly by Aaron Judge...
(Photo credit: Jordan Johnson-Imagn Images) Pete Crow-Armstrong crushed a pair of home runs and right-hander Colin Rea handled the...
GUANGZHOU, July 10 (Xinhua) -- As global industries accelerate their transition toward intelligence and sustainability, China's innovative...
URUMQI, July 10 (Xinhua) -- A total of 24 journalists from 23 countries have participated in a media tour of northwest China's Xinjiang...