Business

Sensex soars 630 points, Nifty reclaims 10,700-mark

Benchmark indices defied gravity for the second straight session Wednesday as investors gave a thumbs-up to the prompt appointment of former bureaucrat Shaktikanta Das as the new RBI Governor.
The BSE Sensex zoomed 629.06 points, or 1.79 per cent, to end at 35,779.07, while the broader NSE Nifty rallied 188.45 points, or 1.79 per cent, to 10,737.60. All the 30 Sensex stocks as well as BSE sectoral indices finished with gains, led by realty, auto, metal, capital goods and financial counters.
Major gainers in the Sensex pack were Hero Motocorp, which rallied 7.01 per cent, followed by Bharti Airtel (6.69 per cent), Yes Bank (5.30 per cent), Adani Ports (4.90 per cent), Tata Steel (3.75 per cent) and Bajaj Auto (3.70 per cent).
Analysts said the quick appointment of the new RBI governor and expectations of more steps to ease the liquidity situation bolstered trading sentiment.

Sensex, Nifty end marginally higher; RIL shines post Q3 show

Markets closed marginally higher on Friday after a volatile session as investors largely stuck to index heavyweights despite positive global cues.The ...

Fuel prices witness marginal rise; petrol at Rs 70.55/litre in Delhi, Rs 76.18/litre in Mumbai

Fuel prices witnessed a marginal rise on Friday. Petrol in Delhi saw an increase of 8 paise/litre and is now retailing at Rs 70.55/litre, while the pr...

Sensex gains 53 pts, Nifty reclaims 10,900-mark

Benchmark indices closed higher for the third straight session on Thursday on stock-specific action amid mixed cues from the global markets.After gyra...

Rupee opens 9 paise higher at 71.15 against US dollar in opening trade

The rupee appreciated by 9 paise to 71.15 against the US dollar in opening trade Thursday, driven by positive opening in domestic equities and weakeni...