Mumbai, 17 April. After America-Iran, the 10-day ceasefire between Israel-Lebanon, signs of reducing tension in West Asia and fresh buying by foreign investors also had an impact on the domestic stock market, which was successful in recovering from the initial fall on Friday, the last day of the trading week. In this sequence, both the benchmark indices closed with good gains. BSE Sensex gained 505 points while NSE Nifty gained 157 points to reach 24,350.
Sensex jumped 0.65 percent and closed at 78,493.54 points.
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 78,493.54 points, jumping 504.86 points or 0.65 percent. The index opened with a slight decline of 14 points to 77,726.23 points compared to Thursday, but soon made a comeback and reached the day’s highest point of 78,553.45 points with a jump of 827.22 points. Among Sensex related companies, shares of 24 remained positive and six declined.
Nifty closed at 24,353.55, up 156.80 points.
At the same time, Nifty, a sensitive index based on 50 shares of National Stock Exchange (NSE), closed at 24,353.55 points, increasing by 156.80 points or 0.65 percent. The index saw the day’s low at 24,096.05 points and high at 24,371.90 points during trading. Among Nifty associated companies, stocks of 39 remained strong and 11 showed weakness.
Hindustan Unilever’s stocks rose the most by 4.75 percent
Among the companies included in the Sensex group, Hindustan Unilever’s stock rose the most by 4.75 percent. Shares of Power Grid, Reliance Industries, Bharat Electronics, Tech Mahindra and Titan were also major gainers. On the other hand, shares of Sun Pharma, Mahindra & Mahindra, Larsen & Toubro and HCL Tech witnessed a downward trend.
FIIs bought shares worth Rs 382.36 crore
According to stock market data, foreign institutional investors (FIIs) bought shares worth Rs 382.36 crore on Thursday. Meanwhile, global oil benchmark Brent crude fell 3.07 percent to $96.34 per barrel, which supported market sentiment.
Comments are closed.