The scene exterior the Bombay Stock Exchange on Dalal Street.
| Photo Credit: VIVEK BENDRE
Equity benchmark indices climbed on Monday after two days of fall, monitoring energy in global markets and shopping for in HDFC Bank.
The BSE Sensex climbed 110.09 factors or 0.17% to settle at 64,996.60. During the day, it jumped 326.94 factors or 0.50% to 65,213.45.
The NSE Nifty gained 40.25 factors or 0.21% to finish at 19,306.05.
From the Sensex pack, Larsen & Toubro, Mahindra & Mahindra, HDFC Bank, Sun Pharma, Maruti, Kotak Mahindra Bank, IndusInd Bank, Tata Steel and State Bank of India have been among the many gainers.
Reliance Industries, Nestle, Titan, HCL Technologies, ITC and Tata Motors have been among the many laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended with features.
European markets have been buying and selling within the inexperienced. The U.S. markets ended within the optimistic territory on Friday.
“The highly anticipated Jackson Hole meeting didn’t bring much surprise, as the Fed chair expressed satisfaction with the progress of policy measures and reiterated its commitment to managing inflation within target bounds. This has raised expectations of a rate hike during the November Fed meeting. Global markets traded positively, led by Asian peers, as China’s measures to support the property sector boosted sentiment.
“Domestically, all main sectors, together with mid and small caps, remained optimistic, apart from the IT sector, which confronted issues associated to potential price hikes,” mentioned Vinod Nair, Head of Research at Geojit Financial Services.
Global oil benchmark Brent crude climbed 0.37% to $84.79 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities value Rs ₹4,638.21 crore on Friday, in line with trade information.
