Saturday , Sept. 28, 2024, 6:57 a.m.
News thumbnail
Top / Sat, 25 May 2024 Moneycontrol

Market hits new milestone on FII support; rupee gains

Hindustan Zinc, Bharat Electronics, Adani Power, Adani Enterprises, Hindustan Aeronautics, Adani Total Gas, Coal India and Adani Energy Solutions gained between 6-20 percent. 4/9 BSE Mid-cap Index rose 1 percent. Gainers included Vodafone Idea, UNO Minda, Solar Industries India, Union Bank of India, Aditya Birla Fashion & Retail, Balkrishna Industries, Zee Entertainment Enterprises, Samvardhana Motherson International. Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Ddev Plastiks Industries, Bharat Dynamics, Rail Vikas Nigam, PNC Infratech, Finolex Cables and Dredging Corporation India added upto 29 percent. 6/9 In terms of the market value, Reliance Industries added the most, followed by HDFC Bank, Bharti Airtel and Larsen & Toubro.

1/9

In a truncated week, the Indian benchmark indices rallied 2 percent to hit fresh milestones with Nifty surpassing 23,000 for the first time led by buying across the sectors, FII support and mixed corporate earnings.

2/9 In this week, Nifty50 index rose 455.1 points or 2.02 percent to close at 22,957.10 after hitting new high of 23,026.40, while BSE Sensex added 1,404.45 points or 1.90 percent to finish at 75,410.39, after touching fresh high of 75,636.5.

3/9 The BSE Large-cap Index surged 2 percent. Hindustan Zinc, Bharat Electronics, Adani Power, Adani Enterprises, Hindustan Aeronautics, Adani Total Gas, Coal India and Adani Energy Solutions gained between 6-20 percent. On the other hand, losers included Zomato, FSN E-Commerce Ventures (Nykaa), Shree Cements, Sun Pharmaceutical Industries, Bajaj Holdings & Investment, Zydus Lifesciences and Interglobe Aviation.

4/9 BSE Mid-cap Index rose 1 percent. Gainers included Vodafone Idea, UNO Minda, Solar Industries India, Union Bank of India, Aditya Birla Fashion & Retail, Balkrishna Industries, Zee Entertainment Enterprises, Samvardhana Motherson International. However, Delhivery, Max Healthcare Institute, PB Fintech, Max Financial Services, Deepak Nitrite, Bayer CropScience lost between 5-7 percent.

Advertisement Remove Ad

Advertisement Remove Ad

5/9 The BSE Small-cap index ended on flat note. Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Ddev Plastiks Industries, Bharat Dynamics, Rail Vikas Nigam, PNC Infratech, Finolex Cables and Dredging Corporation India added upto 29 percent. However, Parag Milk Foods, Axiscades Technologies, Global Health, IFGL Refractories, Dodla Dairy witnessed a double-digit fall.

6/9 In terms of the market value, Reliance Industries added the most, followed by HDFC Bank, Bharti Airtel and Larsen & Toubro. On the other hand, Sun Pharmaceutical Industries, Nestle India and ITClost the most of their market-cap. (Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

7/9 All the sectoral indices ended on positive note with BSE Capital Goods index up 4.7 percent, BSE Telecom index rose 3.4 percent, while Metal, Power, Oil & Gas and Realty indices added 2 percent each.

8/9 Market witnessed ease in Foreign institutional investors (FIIs) selling as they sold equities worth of Rs 1165.54 crore, while Domestic Institutional Investors (DII) bought equities worth Rs 6,977.71 crore in this week.

Advertisement Remove Ad

Advertisement Remove Ad

logo

Stay informed with the latest news and updates from around India and the world.We bring you credible news, captivating stories, and valuable insights every day

©All Rights Reserved.