After a volatile session on Friday, the benchmark indices ended with gains of nearly 1 per cent, extending their winning streak to four weeks—the longest since July.
The Sensex, after plunging 1,207 points, managed to stage a robust recovery to end the session up 843 points, or 1.04 per cent, at 82,133. The Nifty 50 also posted a gain of 220 points, or 0.9 per cent, closing at 24,768.
This recovery was driven by strong performances from major stocks, especially Bharti Airtel, which was the top contributor to the Sensex's gains.
Bharti Airtel's shares surged 4.4 per cent after Jefferies selected it as one of its top picks for 2025, citing the company's strong earnings growth driven by recent tariff hikes in the telecom sector.
The gains in Bharti Airtel were the largest since July 26, and the stock also had its best weekly performance since mid-September.
Denne historien er fra December 14, 2024-utgaven av Business Standard.
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Denne historien er fra December 14, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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