Equity markets log gains for second day: power shares advance
The Hindu
The 30-share BSE Sensex rose 74.61 points or 0.12% to settle at 60,130.71
Equity benchmarks Sensex and Nifty closed higher for the second straight session on April 25, helped by buying in power and utility stocks amid positive quarterly numbers announced by heavyweight companies.
However, foreign fund outflows and a muted trend in global equities capped the gains, traders said.
In a highly volatile trade, the 30-share BSE Sensex rose 74.61 points or 0.12% to settle at 60,130.71. During the day, it hit a high of 60,268.67 and a low of 60,202.77.
The broader NSE Nifty gained 25.85 points or 0.15% to end at 17,769.25.
Bajaj Finance led the Sensex gainers' chart, spurting up to 2.38%, followed by Bajaj Finserve rising 2.11% and IndusInd Bank closing 1.66 per cent higher. Bharti Airtel, SBI and L&T increased by 1.60%, 1.28% and 0.92%, respectively.
In contrast, HDFC twins, Tech Mahindra, Sun Pharma, Wipro and Axis Bank were among the main laggards, shedding up to 1.47%.
In the broader market, the BSE midcap gauge remained unchanged and smallcap index inched up 0.19%.
Volvo Trucks introduces India's first Road Train solution, optimizing logistics efficiency with increased cargo capacity and government certification.
BSNL returns to profitability after 17 years, marking a significant turning point with growth in services and subscriber base.
DPIIT reviews 21 issues in Gujarat and Rajasthan infrastructure projects, emphasizing inter-ministerial and State coordination for resolution.
Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board supersession.
Taiwan's top tech official emphasizes the need for global semiconductor industry division of labor, not monopolization.
Cupid Ltd reports increased profits, appoints new Chairman, and expands market presence with new products and manufacturing facility.
Lok Sabha committee, led by BJP's Baijayant Jay Panda, to examine Income-Tax Bill 2025 with 31 MPs.
SEBI rejects Gaekwad's plea for competing open offer, solidifying Burman Group's acquisition bid for Religare Enterprises.
Mahindra & Mahindra's electric SUVs XEV 9e and BE 6 receive 30,179 bookings worth ₹8,472 crore on opening day.
Maxivision Group acquires Ojas Eye Hospitals in Mumbai to expand operations in Maharashtra with Rs.500 crore investment.
Markets tumble as Sensex and Nifty decline, with investors wary of foreign fund outflows and muted earnings.
Johnson & Johnson introduces TECNIS PureSee IOL for presbyopia in India, offering high-quality vision and reduced visual symptoms.
PMI Electro Mobility raises ₹250 crore for electric buses, accelerating growth plans with consortium investment.