Markets extend gains on fag-end buying; SBI, Reliance shine

0
13
Markets extend gains on fag-end buying; SBI, Reliance shine


File.
| Photo Credit: Vivek Bendre

Equity benchmark indices Sensex and Nifty bounced again from early lows to shut larger on February 14, helped by fag-end shopping for in power, metallic and utility shares amid a combined pattern in world equities.

Rising for the second straight session, the 30-share BSE Sensex climbed 267.64 factors or 0.37% to shut at 71,822.83 factors. The index swung between a excessive of 71,938.59 factors and a low of 70,809.84 factors throughout intra-day trades.

The broader NSE Nifty additionally gained 96.80 factors or 0.45% to finish the day at 21,840.05 factors.

State Bank of India was the largest gainer within the Sensex pack, rising 4.24%, adopted by Tata Steel, Axis Bank, Maruti, NTPC, PowerGrid, ITC and Nestle India. Reliance jumped 1.15 per cent to finish at ₹2,962.60 apiece on BSE.

Shares of SBI closed at ₹743.35 apiece.

In distinction, Tech Mahindra, Sun Pharma, TCS, Infosys and HDFC Bank had been among the many laggards.

In Asia, Japan’s Nikkei 225 settled within the unfavourable territory whereas Hong Kong’s Hang Seng and South Korea’s Kospi indices ended within the inexperienced.

China’s monetary markets are closed for the Lunar New Year holidays.

European markets had been buying and selling on a optimistic be aware in early offers.

The US market ended with important losses within the in a single day commerce on Tuesday.

Global oil benchmark Brent crude rose 0.78% to $82.64 a barrel on Tuesday.

In the earlier session, Sensex surged 482.70 factors or 0.68% to settle at 71,555.19 factors. Nifty climbed 127.20 factors or 0.59% to shut at 21,743.25 factors.

Foreign Institutional Investors (FIIs) had been internet patrons within the capital markets on Tuesday as they bought shares value ₹376.32 crore, based on change information.



Source hyperlink