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Benchmarks rally for second straight day; IT, PSU banks lift Nifty above 24,200
The S&P BSE Sensex jumped 827.57 points or 1.08% to 77,569.39. The Nifty 50 index rose 244.10 points or 1.02% to 24,206.90. In two consecutive trading sessions, the Sensex rallied 1.35% while the Nifty jumped 1.33%.
Sensex Today Rallies 828 Points Higher | Nifty Above 24,200 | 5 Reasons Why Indian Share Markets Are Falling - Equitymaster
Sensex Today Rallies 828 Points Higher | Nifty Above 24,200 | 5 Reasons Why Indian Share Markets Are FallingEquitymaster
Sensex Today Rallies 828 Points Higher | Nifty Above 24,200 | 5 Reasons Why Indian Share Markets Are Falling - Equitymaster
Sensex Today Rallies 828 Points Higher | Nifty Above 24,200 | 5 Reasons Why Indian Share Markets Are FallingEquitymaster
Sensex settles 828 pts higher; Nifty ends above 24,200 level
As per provisional closing data, the S&P BSE Sensex jumped 827.57 points or 1.08% to 77,569.39. The Nifty 50 index rose 244.10 points or 1.02% to 24,206.90. In the two consecutive trading sessions, the Sensex rallied 1.35% while the Nifty jumped 1.33%.
Market rally explained: Sensex adds 828 points, broader markets steal the show
The Sensex gained 828 points to close at 77,569, while the Nifty advanced 244 points to settle at 24,207, ending above the 24,200 mark. The rally was supported by gains across most sectors, with 25 of the 30 Sensex constituents closing higher.
Sensex jumps 800 points, Nifty 50 reclaims 24,200; investors earn ₹6 lakh crore in a day: What drove the stock market?
The Sensex jumped 828 points, or 1.08%, to end at 77,569.39, while the Nifty 50 settled at 24,206.90, up 244 points, or 1.02%. Investors earned nearly ₹6 lakh crore in a single session.
Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat
PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.
Sensex rises 800 pts, Nifty near 24,200: Buying in IT shares among key factors behind market rally - Moneycontrol.com
Sensex rises 800 pts, Nifty near 24,200: Buying in IT shares among key factors behind market rallyMoneycontrol.com
Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment
Blue Jet Healthcare shares rose sharply on Friday after the company completed its Rs 800 crore QIP, attracting marquee institutional investors, including multiple ICICI Prudential Mutual Fund schemes. The fund raise is expected to strengthen the company's balance sheet, support expansion plans, and boost long-term growth prospects while broadening its institutional shareholder base.
Nifty above 24,200 level; metal shares shine
At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 808.11 points or 1.05% to 77,549.93. The Nifty 50 index rose 251.10 points or 1.05% to 24,213.90.
INR extend gains amid dollar weakness; Local benchmark indices surge in early trades
The Indian rupee extended gains in opening trades on Friday tracing weakness in dollar overseas on expectations that US and Iran will continue peace negotiations despite a recent escalation. However, oil prices stay supported after recent streak of gains that could limit gains in the counter. INR opened at Rs 95.27 per dollar and hit a high of 95.22 so far during the day. Yesterday, rupee appreciated by 7 paise to settle at 95.41 against the US dollar. Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, boosted by the surge in semiconductor and AI stocks. Indian benchmark indices surged early on Friday, with the BSE Sensex climbing 701.73 points (0.91%) to 77,443.55 and the NSE Nifty 50 gaining 200.85 points (0.84%) to trade at 24,162.25.
Nifty Outlook for July 10: Unconvincing recovery hinges on TCS reaction for sustenance
Nandish Shah of HDFC Securities said the 23,800 level remains crucial for maintaining the bullish bias. He added that the index needs to decisively cross 24,200 to improve the near-term technical outlook.