Sensex jumps 500 points in early trade
The Hindu
IndusInd Bank, HCL, Tech Mahindra, Infosys, Wipro and Bajaj Finance were the prominent gainers
Equity markets continued their previous day rally, with the Sensex jumping 500 points in early trade on Friday, May 27, 2022, mirroring positive trends from global equities.
The 30-share BSE Sensex rallied 500.05 points to 54,752.58. The broader NSE Nifty gained 159.2 points to 16,329.35.
From the Sensex pack, IndusInd Bank, Bajaj Finserv, HCL Technologies, Tech Mahindra, Infosys, Wipro and Bajaj Finance were the prominent gainers in early trade.
In contrast, NTPC, Power Grid, Nestle, Dr Reddy's and Tata Steel were the laggards.
The Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53 on Thursday. The Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.
Elsewhere in Asia, markets in Seoul, Shanghai, Tokyo and Hong Kong were trading in the green.
Stock markets in the US had ended significantly higher on May 26.