AFTER CLOSING IN the red on the last day of 2024, benchmark indices started the new year on a positive note. On Wednesday, the Sensex hit a high of 78,756.49, up 617.48 points or 0.79%.
However, it pared some gains to end the day at 78,507.41, up 368.40 points or 0.47%. The Nifty soared by 98.10 points or 0.41% to close at 23,742.90. The indices remained in the positive territory for most part of the trading session.
However, foreign portfolio investors (FPIs) continued to be on a selling spree. According to provisional data from exchanges, FPIs sold equities worth ₹1,782.71 crore while domestic institutional investor (DIIs) net bought shares worth ₹1,690.37 crore.
This story is from the January 02, 2025 edition of Financial Express Bengaluru.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 02, 2025 edition of Financial Express Bengaluru.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
IT firms see shift to shorter deal cycles
DEAL CYCLES IN India's IT services sector are becoming shorter, even for large contracts—a trend analysts expect to continue in the coming quarters.
Land rules, payment delays hurt manufacturing: CEA
TOUGH RULES FOR land use and large firms' reluctance to clear dues to micro, small and medium enterprises (MSMEs) in time are hurting India's manufacturing and exports, chief economic advisor V Anantha Nageswaran said on Monday.
RG Kar case 'not rarest of rare'; life term for convict
A court in Kolkata's Sealdah on Monday sentenced Sanjoy Roy to life imprisonment \"until his last breath\" for the rape and murder of a junior doctor at the state-run RG Kar College and Hospital.
Zomato Q3 profit plummets, misses estimates
FOOD & GROCERY DELIVERY FIRM'S REVENUE ROSE 64% TO ₹5,405 CR; BLINKIT BOOSTS EXPANSION TO OUTPACE RIVALS
Nazara raises ₹495 cr from existing investors
GAMING AND ESPORTS company Nazara Technologies raised ₹495 crore through a preferential share issue to Axana Estates.
Promising outlook for Havells India
Aims 14% revenue and 24% EPS CAGR during FY25-27
On Day 2 of ceasefire, Gazans search for people under rubble
PALESTINIANS BEGAN SEARCHING on Monday for thousands of Gazans believed still buried under rubble, as residents expressed shock at the devastation wrought by 15 months of war on the enclave on the second day of a ceasefire between Israel and Hamas.
JSW Renew Energy files appeal against CERC tariff order
JSW RENEW ENERGY Five, a subsidiary of JSW Energy, has filed an appeal with the Appellate Tribunal for Electricity (APTEL) challenging the Central Electricity Regulatory Commission's (CERC) decision to reject the tariff adoption for its BESS pilot project dated January 2, 2025, according to people familiar with the matter.
Telcos seek tax exemption on AGR dues
THE CELLULAR OPERATORS Association of India (COAI), which represents telecom operators, has urged the government to exempt service tax on additional adjusted gross revenue (AGR) dues arising from the recent Supreme Court's ruling.
Infy: Improvement in discretionary demand
Expects strong revenue growth of 5-7.9% in FY26
