Tuesday, Apr 23 2024 | Time 21:31 Hrs(IST)
image
Business Economy


Sensex gains by 70.75 pts

Mumbai, Mar 18 (UNI) The BSE Sensex remained firm for the sixth
straight session on Monday, as it advanced by 70.75 points to
38,095.07 amid sustained FII inflows and firm global cues.
The Nifty of National Stock Exchange (NSE) too moved up by 35.35
points at 11,462.20.
Strong foreign portfolio inflows in the domestic market and
firmness in the rupee against the dollar also boosted sentiment.
In early trade the Sensex increased by 108 points to 38,132.96.
During the day it spurted by 345 points to 38,369.59 day high. In
late trade, it erased earlier gains but finished positive only at
38,095.07, advancing by 70.75 points from its last close.
The Nifty registered day high and low at 11,530.15 and 11,412.50
points respectively.
The sectoral indices like Materials, Energy, Finance, Bankex and
Realty kept the positive rally intact for the sixth day today. In
scrips, Bajaj Finance, Powergrid, Axis Bank, Reliance Industries and
Tata Steel rallied while Maruti Suzuki, Hero MotoCorp, Bharti Airtel
slipped that capped from further gain, broker informed.
Broader market ended lower. Among secondary barometers, the BSE
Mid-Cap index was down 0.20 pc. The BSE Small-Cap index was down
0.13 pc.
The market breadth, indicating the overall health of the market,
was negative.
On BSE, 1146 shares rose and 1557 shares fell. A total of 174
shares were unchanged.
Overseas, most European stocks were trading higher on hopes that
the US Federal Reserve could sound decidedly dovish at its policy
meeting later this week.
Asian shares ended higher as investors awaited developments on
the US-China trade front.
US stocks closed higher Friday, buoyed by encouraging headlines
on US-China trade negotiations and Chinese assurances of forthcoming
economic stimulus.
More UNI NV JW1655
More News
Sensex ends in green; up 89 83 points

Sensex ends in green; up 89 83 points

23 Apr 2024 | 6:58 PM

Mumbai, April 23 (UNI) The stock market on Tuesday opened strong with 400 points up with all-round shopping but paired early gains towards end of the trading hour and closed at 73,738, about 90 points up from its previous close.

see more..

FHRAI seeks govt intervention to utilize increased FAR scheme for hotel industry expansion

23 Apr 2024 | 6:55 PM

New Delhi, Apr 23 (UNI) The apex association of hotels and restaurants FHRAI has approached the Government for resolution of long pending issue of not able to use the provision of increased Floor Area Ratio (FAR) saying this coming in the way to expanding the capacity and new hotel developments in Delhi.

see more..

23 Apr 2024 | 6:22 PM

New Delhi, Apr 23 (UNI) Telecom major Jio Infocomm, a wholly owned by Reliance Industries Limited, has increased its subscriber tally to 470.86 million at the end of December, 2023, up 8.76 per cent from its subscriber base of 432.92 million a year ago.

see more..

Kottayam-Kochi Rubber Market Rates

23 Apr 2024 | 6:11 PM

Kottayam, April 23 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..

Rupee marginally up 3 paise against USD

23 Apr 2024 | 4:37 PM

Mumbai, April 23 (UNI) The Rupee on Tuesday gained three paise to close at 83.34 against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
image