The stock market opened with a strong bullish trend on Friday, with the Sensex rising by 800 points and the Nifty crossing the 24,350 mark. IT stocks led the gains, and broader markets also showed significant strength.
Stock markets continued their record run for the fourth day on Thursday, with the BSE Sensex breaching 81,000 for the first time and the NSE Nifty reaching a new peak at 24,800. Strong performances by IT, oil & gas, and FMCG shares fueled this surge.
The top five gainers on the Nifty50 were Tata Motors, HCLTech, ICICI Bank, Sun Pharma, and TCS. Conversely, the top losers were HDFC Bank, Bajaj Finance, Adani Enterprises, Wipro, and Tech Mahindra.
Indian stock markets opened on a positive note on Wednesday, with the benchmark BSE Sensex and Nifty showing significant gains in early trading.
Equity benchmark indices traded firm during early hours on August 23 with IT stocks witnessing smart gains.
Sectorally, BSE telecom, teck, capital goods, IT, energy and consumer durables indices rose up to 1.80 per cent, while realty, healthcare and utilities ended in the red. Broader BSE midcap and smallcap indices underperformed the benchmark to end up to 0.06 per cent lower.
Prime Minister Narendra Modi didn't mince words to berate Congress in poll-bound Assam terming the grand old party 'leaderless' on March 18.
Equity benchmark indices clocked smart gains during early hours on Thursday following a rally in IT stocks amid positive global cues. At 10:15 am, the BSE SandP Sensex was up by 453 points or 1.13 per cent at 40,331 while the Nifty 50 gained by 126 points or 1.08 per cent at 11,865. All sectoral indices at the National Stock Exchange were in the green with Nifty IT up by 4 per cent, PSU bank by 1.7 per cent, private bank by 1.4 per cent and realty by 1.2 per cent.
Equity benchmark indices moved up during early hours on Friday as Asian markets rose on hopes of a US stimulus package.
The 30-share index was trading 124.41 points, or 0.32 per cent, lower at 38,998.55 at 0930 hours. Similarly, the broader NSE Nifty was quoting 35.25 points, or 0.30 per cent, down at 11,664.40.
The BSE benchmark Sensex Monday rose 169 points, led by gains in IT stocks amid positive global cues.
BSE Sensex finished at 32,273.67 after a loss of 51.74 points, or 0.16 per cent.
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