Saturday, May 18, 2024
HomebusinessSensex, Nifty climb in early trade on firm global market trends

Sensex, Nifty climb in early trade on firm global market trends


From the Sensex basket, Tata Steel, JSW Steel, Nestle, UltraTech Cement, Tata Motors and HDFC Bank have been the foremost gainers. 
| Photo Credit: Reuters

Equity benchmark indices Sensex and Nifty climbed in early trade on April 24, taking their successful momentum to the fourth day working, amid a rally in global markets.

The 30-share BSE Sensex climbed 242.49 factors to 73,980.94 in early trade. The NSE Nifty superior 63 factors to 22,431.

From the Sensex basket, Tata Steel, JSW Steel, Nestle, UltraTech Cement, Tata Motors and HDFC Bank have been the foremost gainers. IndusInd Bank, Hindustan Unilever, Titan and ICICI Bank have been the laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong have been buying and selling in the optimistic territory. Wall Street ended with good points on April 23.

“The ability of bull markets to climb all walls of worries is being demonstrated by the ongoing bull market, which has shrugged off all headwinds, be it geopolitical or economic. The Middle East tensions had only a temporary impact on the market,” stated V. Ok. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Global oil benchmark Brent crude climbed marginally by 0.02% to $88.44 a barrel. Foreign Institutional Investors (FIIs) offloaded equities price ₹3,044.54 crore on April 23, in line with alternate information.

The BSE benchmark ended 89.83 factors or 0.12% increased at 73,738.45 on Tuesday. Trimming most of its early good points, the NSE Nifty ended 31.60 factors or 0.14% up at 22,368.



Source hyperlink

RELATED ARTICLES

Leave a Reply

- Advertisment -

Most Popular

Recent Comments