Tuesday, Aug 9 2022 | Time 17:17 Hrs(IST)
Business Economy

Sensex regains 616.62 pts

Sensex regains 616.62  pts

Mumbai, Jul 6 (UNI) The BSE Sensex on Wednesday rallied 616.62 pts to settle at 53,750.97 as fresh buying was seen in Auto, FMCG and Consumer Durable stocks.

The Nifty of National Stock Exchange (NSE) too rose by 178.95 pts to close at 15,989.80.

Sliding by 100 pts on Tuesday, the BSE Sensex opened higher by 36 pts at 53,170.70. It rallied by 685 pts at 53,819.31, the day's high before closing at 53,750.97, up 616.62 pts from its previous close.

The Sensex registered the day's high and low at 53,819.31 and 53,143.28 pts respectively.

The Nifty recorded the day's high and low at 16,011.35 and 15,800.90 respectively.

The sectoral indices like Auto, FMCG, Consumer Discretionary Goods and Services and Consumer Durable stocks pushed the market up today.

In scrips, Bajaj Finserv was the top gainer, up 4.83 pc to Rs 12075 followed by Bajaj finance by 4.71 pc to Rs 5829, Hind Unilever by 4.43 pc to Rs 2508, Asian Paints by 3.57 pc to Rs 2865 and Titan by 3.46 pc to Rs 2018.20.

The losers were Powergrid by 1.14 pc to Rs 211.65, NTPC by 1.03 pc to Rs 139.30, Reliance Industries by 0.79 pc to Rs 2414 and L& T by 0.23 pc to Rs 1560.80.

The Mid Cap rose by 1.76 pc and Small Cap by 0.94 pc.

In 30 scrips, 25 advanced while five declined.

Asian Market was seen weak today as Australia fell by 0.50 pc followed by China by 1.43 pc and Hong Kong by 1.22 pc.


More News

AP Mahesh Cooperative Bank surpasses Rs 3,795 cr business mix : Bung

09 Aug 2022 | 4:01 PM

Hyderabad, Aug 9 (UNI) A.P. Mahesh Cooperative Urban Bank Limited Chairman Ramesh Kumar Bung on Tuesday said that the bank has surpassed the business mix of Rs.3795 crore and the owned funds of the bank crossed Rs 390 crore for the financial year ending March 31, 2022 by registering a profit of Rs 44 crore.

see more..

Kerala-based software firm to invest Rs 750 cr

09 Aug 2022 | 3:20 PM

Kochi, Aug 9 (UNI) Tapping into the huge potential of digital worker services for automating business processes, electronics company Kloudpad will set up the world’s biggest centre in the sector at Kochi with a proposed investment of Rs 750 crore in three years.

see more..

DPhi secures seed funding of INR 2 4 cr from Selçuk Boydak

09 Aug 2022 | 3:10 PM

Hyderabad, Aug 9 (UNI) Global AI community, DPhi backed by Start it @KBC, Startup Chile, and Microsoft for Startups, on Tuesday announced that it has raised strategic seed funding of €300,000 (INR 2.4 Cr) from Selçuk Boydak, a serial AI entrepreneur, investor, and philanthropist.

see more..

Blue Dart to launch 15 retail stores on Aug 15

09 Aug 2022 | 3:04 PM

Hyderabad, Aug 9 (UNI) Joining the ‘Azadi ka Amrit Mahotsav’ initiative, Blue Dart, South Asia's premier express air and integrated transportation & distribution company strengthens its presence by introducing 15 new retail stores across the country.

see more..

SAVE Solutions acquires SaGgraha

09 Aug 2022 | 2:47 PM

Mumbai, Aug 9 (UNI) In a strategic move aimed at strengthening deeper financial inclusion across India, SAVE Solutions Pvt Ltd, India’s leading rural financial services group, has acquired South India-based SaGgraha Management Services
Through this acquisition, SAVE, with its corporate office in Delhi, makes a ready and deep penetration into the diverse south Indian rural markets.

see more..