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 NSENifty50, 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%.
This story is from the January 03, 2025 edition of The New Indian Express Kannur.
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 03, 2025 edition of The New Indian Express Kannur.
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
India Needs Stem Cell Donor Registry
Pulse of the Matter
HMPV is mild and non-fatal
NO CAUSE FOR PANIC
Raising the bar pays off for hockey coach Sangwan
A SNUB can either break one down or spur the individual on to scale new heights. Unfortunately, a majority of people end up heartbroken. But a better future awaits those who manage to swallow the bitter pill. Haryana hockey coach Sandeep Sangwan falls under the second category.
Focus on TOPS list as new-look MOC set for 1st significant meet today
NEW Year, new dawn, so it seems for the sports ministry's Mission Olympic Cell that is expected to meet on Tuesday.
Maiden ODI call-up for Bist against Ireland
AFTER nine white ball fixtures in less than a month, three against Australia in the away series and six against West Indies at home, India's regular captain Harmanpreet Kaur and pacer Renuka Singh Thakur have been rested for the three ODIs against Ireland.
FINDING ROOTS OF ENIGMATIC CUMMINS
The Australian captain's on-field success and personality off it are intertwined and it goes back to his upbringing
HIL: Soorma beat Delhi SG Pipers in penalty shootouts
SOORMA Hockey Club clinched a penalty shootout victory against the Delhi SG Pipers in the Hero Hockey India League 2024-25 at the Birsa Munda Hockey Stadium in Rourkela on Monday.
Saweety 'even more motivated' after Arjuna honour
AWAY from the spotlight, boxer Saweety Boora, a 21-year-old then, had gone on to capture a silver medal in her very first World Championships at Jeju City in 2014.
Govt Launches Updated ₹4k Cr PLI Scheme for Steel Sector
The government on Monday launched a new round of steel production-linked incentive (PLI) scheme, with a total outlay of ₹4,400 crore.
Rupee hits new low of 85.83 on strong dollar
THE rupee continued its southward journey for the fourth month, losing 4 paise to close at a new low of 85.83 on Monday, weighed down by the equity markets amid a persistent bearish trend.
