Markets climb in early trade with Larsen, Reliance support
The Hindu
Sensex updates on May 23, 2024
Benchmark equity indices climbed in early trade on Thursday, May 23, 2024, amid buying in blue chips Larsen & Toubro and Reliance Industries.
The 30-share BSE Sensex climbed 41.65 points to 74,262.71 in early trade. The NSE Nifty went up by 20.1 points to 22,617.90.
The BSE benchmark later traded 225.06 points higher at 74,456.44 and the Nifty quoted with a gain of 77.50 points at 22,675.30.
Among the Sensex firms, Larsen & Toubro, Asian Paints, Axis Bank, State Bank of India, Reliance Industries, Wipro, Titan and Bharti Airtel were the major gainers.
Power Grid, Sun Pharma, JSW Steel and Tata Steel were the laggards.
The Reserve Bank of India will pay a record $2.1 lakh crore dividend to the government for the fiscal ended March 31, more than double of what was budgeted expectation, helping shore up revenue ahead of a new government taking office.
The RBI board, at its 608th meeting on May 22, 2024,, approved the transfer of surplus, the central bank said in a statement.
College teachers in Chennai protest for career advancement benefits, condemning unequal treatment between government and aided colleges.
Dredging of Kallai River in Kozhikode begins to restore natural flow and reduce waterlogging, long-awaited project.
Government removes roadside encroachments in Puducherry's Bharathi Street to improve traffic, traders protest, removal put on hold temporarily.
Minister for Local Self-Governments M.B. Rajesh distributed the Swaraj Media Awards at Guruvayur on Wednesday. S.R. Praveen, Principal Correspondent, The Hindu, received the Swaraj Media Award (Print Media) for his report “Foot soldiers of Kerala’s silent revolution against waste.”
AIMIM urges Maharashtra government to allow Muslim employees and students to leave an hour early during Ramzan.
Samsung India Workers Union (SIWU) plans a massive strike on March 7 over suspended workers, amid ongoing negotiations with management.
Health Minister inaugurates development projects worth ₹1.60 crore in Virugambakkam, Chennai funded by MP and MLA.
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Voorhees College wins All India Football Tournament at VIT's Riviera-2025, with principal congratulating team.
Retteri lake restoration project near completion, increasing storage capacity for fresh water supply in Chennai by next monsoon.
Delhi High Court advocates understanding over punishment in cases of adolescent love, prioritizing safety and well-being of young individuals.
Congress president Mallikarjun Kharge emphasizes accountability and strengthening party organization in a meeting with AICC office-bearers.