Mumbai: The BSE benchmark Sensex soared 1,961.32 points to close at 79,117.11 on November 22, 2024 (Friday). During the day, the 3o-share index barometer jumped 2,062.4 points or 2.67 per cent to 79,218.19. The NSE Nifty surged 557.35 points or 2.39 per cent to 23,907.25.
The benchmark equity indices made a sharp comeback driven by across-the-board rally and value buying at lower levels. Domestic institutional investors’ purchase of equities and a firm trend in the US markets also attributed to the rally. All the 30 Sensex firms finished in the green.
Heavy buying was reported in blue chip stocks like Reliance Industries, IT and tech shares. 3–share Sensex pack gainers: Reliance Industries, Bajaj Finance, Titan, ITC, Infosys, State Bank of India, Tata Consultancy Services, and Larsen & Toubro. Notably, majority of the listed Adani stocks ended higher.
Earlier, the 30-share barometer appreciated 506.58 points to 77,662.37 in early trade today. The Nifty climbed 162.9 points to 23,512.80. The benchmark equity indices bounced back after falling on November 21. The jump in exchanges was led by value buying at lower levels and a rally in blue-chip bank stocks. Domestic institutional investors pimping in money and firm trends in US markets also led to the recovery in domestic equities.
According to exchange data, Foreign Institutional Investors (FIIs) continued with their selling spree. Data shoed that they offloaded equities worth Rs 5,320.68 crore on November 21, while Domestic Institutional Investors (DIIs) bought shares pumped in Rs 4,200.16 crore to buy equities.
Asian markets: Tokyo and Seoul ended in Green. Hong Kong and Shanghai closed lower. The US stock markets ended higher on Thursday. Global oil benchmark Brent crude gained 0.26 per cent to USD 74.42 a barrel.
On November 21, the BSE benchmark plunged 422.59 points to end at 77,155.79 points while the broader Nifty declined 168.60 points to 23,349.90.
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