Markets maintain winning momentum on firm global trends, foreign fund inflows
The Hindu
Sensex gained 362.13 points in early trade on Thursday
Equity benchmarks started the trade on a firm note on Thursday, with the Sensex climbing over 362 points, mirroring positive trend in global markets and foreign fund inflows.
Buying in IT counters also added to the momentum.
The 30-share BSE benchmark gained 362.13 points to 58,712.66. The broader NSE Nifty went up by 102.55 points to 17,490.70.
Among the Sensex constituents, Infosys, Wipro, Tech Mahindra, Tata Consultancy Services, Dr Reddy's, Larsen & Toubro, HCL Technologies, Bajaj Finance and UltraTech Cement were the major gainers.
NTPC, State Bank of India, Maruti Suzuki India, Reliance Industries and Titan were among the laggards.
In Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading in the green.
The U.S. markets had ended significantly higher on Wednesday.
Bitcoin’s march toward $100,000 made further ground on Thursday as the coin crossed $95,000.
Billionaire Gautam Adani indicted in New York for bribery and fraud scheme, impacting Adani Group's financial plans.
SEC charges Adani Group chairman with defrauding American investors and bribing officials in multi-billion-dollar solar energy project scheme.
Country Club Hospitality and Holidays Ltd clears ₹600 crore debt, explores global partnerships, franchise model for growth and expansion.
Steel Secretary addresses concerns over cheap steel imports from FTA nations, highlighting challenges faced by domestic industry.
Stock markets in India closed for Maharashtra elections, with a bounce back in domestic indices observed on Tuesday.
The sensor systems for vehicles in India are all imported. Nothing is made in India though they are engineered at a sustainable low cost, said ISRO Chairman S. Somanath.
Donald Trump's proposed tariffs on Chinese imports could impact global trade, inflation, and economic growth.
Evernorth Health Services opens global capability centre in Hyderabad, plans to hire 300 more employees by April.
Tata Power partners with Bhutan's DGPC to develop 5,000 MW clean energy capacity, strengthening regional clean energy sector.
Rupee closes flat against dollar amid geopolitical tensions, domestic market optimism; traders eye upcoming data and elections.