Mkts up nearly 2%, investors richer by ₹6L cr
The New Indian Express Jeypore|January 03, 2025
Robust performance by auto companies in December further bolstered buying sentiment, fueling the rally
Arshad Khan @ New Delhi

DOMESTIC equity markets surged on Thursday, the second trading session of 2025, driven by optimism over improved third-quarter earnings. Robust performance by auto companies in December further bolstered buying sentiment, fueling the rally.

Benchmark indices, BSE Sensex and NSE Nifty50, gained about 2% with the former breaching the 80,000 mark in intraday deals. At close, the Sensex was up 1,436.30 points or 1.83% at 79,943.71, and the Nifty surged 445.75 points or 1.88% to close at 24,188.65.

The sharp rally added more than ₹6 lakh crore to investors' kitty as the market capitalization of all BSE listed companies grew from ₹445.94 lakh crore on Wednesday to ₹452 lakh crore on Thursday. Foreign institutional investors (FIIs) also joined the party as they were net buyers (purchased shares worth ₹1,507 crore) on Thursday.

All the sectoral indices closed in the green. The auto index, led by heavyweight Maruti Suzuki, zoomed 3.5% and the IT index was up 2%.

Esta historia es de la edición January 03, 2025 de The New Indian Express Jeypore.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición January 03, 2025 de The New Indian Express Jeypore.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE NEW INDIAN EXPRESS JEYPOREVer todo
The New Indian Express Jeypore

A Guilty, Albeit Predictable, Pleasure

In sequels to 'happily ever after' romantic films, the narrative often tests the strength of the lead couple's bond by introducing obstacles—be it physical distance or a potential rival sparking jealousy.

time-read
2 minutos  |
January 05, 2025
The New Indian Express Jeypore

Getting to Do Spy Stuff is Fun

Keira Knightley speaks to Sally James on playing a secret agent in her latest spy thriller, Black Doves

time-read
3 minutos  |
January 05, 2025
The New Indian Express Jeypore

A Story of Uneasy Love

The fast-paced love story between a Muslim girl and a Hindu boy explores the tension between tradition and modernity

time-read
2 minutos  |
January 05, 2025
The New Indian Express Jeypore

Making 2025 Your Best Year

Eleven infallible strategies to transform New Year resolutions into habits

time-read
1 min  |
January 05, 2025
The New Indian Express Jeypore

Sax and the City

The best hop, skip and jump spots for aficionados of jazz in its birthplace where the music never stops and feet never stop tapping

time-read
2 minutos  |
January 05, 2025
The New Indian Express Jeypore

Making Her Blush Permanently

A latest beauty trend everyone is buzzing about has a tattoo element

time-read
1 min  |
January 05, 2025
The New Indian Express Jeypore

Memorial for Manmohan is a Requiem for a Lost Dream

Dead people never really die. They are kept alive through man's endless need for ritual, both in the private and public realm.

time-read
2 minutos  |
January 05, 2025
The New Indian Express Jeypore

It Maybe the Best of Times, but It is Surely the Worst of Times

Manmohan Singh, former PM and finance minister who launched India's 1991 economic reforms, died last week.

time-read
3 minutos  |
January 05, 2025
The New Indian Express Jeypore

The Winning Edge

Entrepreneur Stuti Jalan is taking the story of Indian women to the global stage

time-read
2 minutos  |
January 05, 2025
The New Indian Express Jeypore

WHY H-1B VISA IS IN MAGA CROSSHAIRS

What is it all about

time-read
5 minutos  |
January 05, 2025