Sensex, Nifty climb in early trade on buying in IT stocks
The Hindu
Equity indices rise on IT stocks, U.S. market rally; Sensex up 338.1 points, Nifty up 101.5 points.
Equity benchmark indices Sensex and Nifty ticked higher in initial trade on Wednesday (November 6, 2024), led by buying in IT stocks and a rally in the U.S. markets.
The BSE Sensex climbed 338.1 points to 79,814.73 in early trade. The NSE Nifty jumped 101.5 points to 24,314.80.
From the 30-share Sensex pack, HCL Technologies, Sun Pharma, Infosys, Bajaj Finance, Bajaj Finserv, Maruti, NTPC, Tech Mahindra and Tata Consultancy Services were the biggest gainers.
Titan, Tata Steel, Hindustan Unilever and JSW Steel were among the laggards.
In Asian markets, Tokyo and Shanghai traded higher while Seoul and Hong Kong quoted lower.
Wall Street ended sharply higher on Tuesday (November 5, 2024).
Global oil benchmark Brent crude declined 0.94% to $74.82 a barrel.
Maruti Suzuki reports 30% rise in total wholesales in December 2024, with domestic sales up 24.44%.
Sensex and Nifty start 2025 on a high note, with Sensex rising 0.47% and Nifty climbing 0.41%.
Government extends special package of ₹3,850 crore for affordable DAP fertilizer to farmers until December 2025.
India received record-high remittances in 2024, contributing significantly to the economy, as per World Bank blog article.
Aviation turbine fuel (ATF) and commercial LPG prices reduced in Delhi and Mumbai, following monthly revisions by state-owned retailers.
PVV Infra Limited board approves raising ₹49.5 crore through Rights Issue, increases share capital, and appoints Sunil Jagtap.
TANGEDCO cancels smart meter tender due to high cost by AESL, amidst controversy involving Gautam Adani and Adani Group.
Mahindra Group Chairman Anand Mahindra discusses visualizing a better world, India's potential, and the importance of integrity.
Sensex and Nifty open 2025 on a low note with foreign fund outflows, cautious investors, and mixed performances.
National Payments Corporation of India (NPCI) has lifted the limit from onboarding UPI users for WhatsApp Pay.