Mkts stage biggest swing in 6 months
Hindustan Times Mumbai|December 14, 2024
About-turn Nifty closed up 0.9%, while Sensex closed up 1.04% on Friday. Experts expect the rally to continue on Monday.
Ram Sahgal

MUMBAI: India's stock benchmarks staged the sharpest intraday recovery in six months on Friday, supported by foreign investors snapping up large-cap stocks. With bulls in pole position, analysts expect the Nifty to trend up early next week to cross the 25,000-mark, where it is expected to face stiff resistance.

The last time Nifty and Sensex swung through a larger range was on June 5, a day after the Lok Sabha election results showed a third term for the National Democratic Alliance (NDA) government.

The Nifty closed up 0.9% at 24,768.30 while the Sensex closed up 1.04% at 82,133.12, as foreign institutional investors (FIIs) net purchased shares worth a provisional ₹2,335.32 crore, even as DIIs net sold a provisional ₹732.2 crore worth of shares. Analysts anticipate a sharper rally on Monday as both indices closed near the day's highs.

Before the recovery, however, the Nifty gyrated 611.50 points or 2.5% between the day's low of 24,180.80 and the high of 24,792.30. This was the sharpest swing since June 5 when the bellwether swung 878 points or 4%. From a low of 21,884.5 on June 4, the Nifty rose 20% to hit a life-high of 26,277.35 on September 27.

この記事は Hindustan Times Mumbai の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Hindustan Times Mumbai の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

HINDUSTAN TIMES MUMBAIのその他の記事すべて表示
Bigotry, bias, acceptance: For EWS kids, school life a mixed bag
Hindustan Times Mumbai

Bigotry, bias, acceptance: For EWS kids, school life a mixed bag

NEW DELHI: The moment her Hindi teacher announced a group quiz in class one day, dread enveloped the 15-year-old girl hiding in the back benches at a private school in south Delhi.

time-read
6 分  |
December 18, 2024
Hindustan Times Mumbai

'Our dreams are shattered': Deaths in Georgia wreck homes in Punjab

MEA OFFICIALS SAID THEY WERE WORKING TO BRING THE BODIES BACK TO INDIA

time-read
2 分  |
December 18, 2024
Kurla BEST bus mishap: Test reveals driver not mentally ill
Hindustan Times Mumbai

Kurla BEST bus mishap: Test reveals driver not mentally ill

MUMBAI: Sanjay More, the driver of the BEST bus that met with an accident on December 9 in which eight people lost their lives, was not mentally ill, according to tests conducted by the police.

time-read
1 min  |
December 18, 2024
China building villages near Doklam in Bhutan: Sat data
Hindustan Times Mumbai

China building villages near Doklam in Bhutan: Sat data

NEW DELHI: China has built at least 22 villages and settlements over the past eight years within territory that has traditionally been part of Bhutan, with eight villages coming up in areas in proximity to the strategic Doklam plateau since 2020, according to satellite imagery.

time-read
3 分  |
December 18, 2024
Hindustan Times Mumbai

67% sanitation workers from SC communities: Centre to LS

NEW DELHI: Two-thirds of sewer and septic tank workers (SSWs) in urban local bodies across India, surveyed by the Union government, come from Scheduled Caste (SC) communities, the Centre informed Parliament on Tuesday.

time-read
1 min  |
December 18, 2024
Hindustan Times Mumbai

ONOP will test govt's ability to muster up two-thirds majority

The NDA government's ambitious plan for simultaneous national and state polls could be a test of its ability to muster the requisite numbers as it doesn't have a two-thirds majority needed to push through a Constitution amendment under Article 368 in the Lok Sabha.

time-read
1 min  |
December 18, 2024
Hindustan Times Mumbai

'One election' bill tabled in House, may be sent to JPC

The Union government on Tuesday introduced in the Lok Sabha two bills aimed at ushering in simultaneous state and national elections amid loud protests by the Opposition - taking the first step towards implementing sweeping changes in the way polls are conducted in the world's largest democracy.

time-read
5 分  |
December 18, 2024
Hindustan Times Mumbai

MOVE AGAINST FEDERALISM, WILL ALTER BASIC STRUCTURE: OPPN

Opposition leaders on Tuesday launched a scathing attack on the bills introduced in the Lok Sabha that propose simultaneous elections to the Lower House and state assemblies, arguing that the legislation undermines federalism, violates the Constitution's basic structure, was introduced without adequate consultation with states and envisions an impractical scenario.

time-read
1 min  |
December 18, 2024
BJP govts to soon bring UCC in every state: Shah
Hindustan Times Mumbai

BJP govts to soon bring UCC in every state: Shah

NEW DELHI: The Uniform Civil Code (UCC) implemented by Uttarakhand is a model law that will be debated widely and then the Bharatiya Janata Party (BJP) governments will bring a common civil code in all states, Union home minister Amit Shah said on Tuesday as he accused the Congress of undermining the Constitution and promoting appeasement politics.

time-read
2 分  |
December 18, 2024
Hindustan Times Mumbai

From 2025, NTA not to hold recruitment tests

The National Testing Agency (NTA) will, from 2025, conduct only entrance exams for higher education institutions and not recruitment exams, a move aimed at improving its functioning and in keeping with the recommendations of a high-level committee set up in June 2024.

time-read
1 min  |
December 18, 2024