The benchmark Nifty50 index closed above the 22,000 mark after a month amid gains in auto and information technology (IT) stocks. Both the Nifty and Sensex added 1.2 per cent this week even as the optimism around early rate cuts by the US Federal Reserve faded following higher than expected inflation data.
The broader market - Nifty Smallcap 100 and Nifty Midcap 100 - underperformed this week, declining 0.5 per cent and gaining 0.5 per cent, respectively. The Sensex ended the latest session at 72,427, gaining 376 points or 0.5 per cent. Nifty, on the other hand, ended the session at 22,040, a gain of 130 points or 0.6 per cent.
Nifty closed above the 22,000 mark for the first time after January 16. The gains in Sensex were largely contributed by Larsen and Toubro (L&T), which rose 2.7 per cent; Infosys, up 1.5 per cent, and Mahindra & Mahindra (M&M), which rose 3.9 per cent. M&M extended this weekly gain to 11.5 per cent following a supply deal for electric vehicle parts with Volkswagen.
هذه القصة مأخوذة من طبعة February 17, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة February 17, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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