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%.
Bu hikaye The New Indian Express Shivamogga dergisinin January 03, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The New Indian Express Shivamogga dergisinin January 03, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Barcelona Held to Draw, Atletico's Win Streak Ends
BARCELONA were bested by Getafe's defense again in a 1-1 draw in La Liga, while Atletico Madrid's club record winning streak ended after a late penalty miss by Antoine Griezmann.
HIL: Lancers pull off stunning comeback
KALINGA Lancers pulled off a stunning comeback to earn a shootout victory against the Delhi SG Pipers in the ongoing Hockey India League.
Govt May Table Waqf Bill During Budget Session After JPC Submits Report
The Centre is likely to introduce the contentious Waqf Amendment Bill during the Budget session, scheduled to begin on January 31 and continue with recesses till April 4.
Global leaders keen on India's growth story: Vaishnaw ahead of Davos visit
UNION Minister Ashwini Vaishnaw on Sunday highlighted the significant global interest in Prime Minister Narendra Modi's economic policies, which are set to take centre-stage during discussions at the World Economic Forum (WEF) in Davos.
Wife Accuses Kalasa PSI of Assault, Exploitation of Women
Alleges Gowda threatened to kill her if she didn't bring Rs 50 lakh as dowry
Unseasonal rain in TN delta drowns paddy crop
FARMERS in the coastal delta region of Tamil Nadu are worried as sudden, unseasonal rainfall in Nagapattinam and Mayiladuthurai districts and Puducherry's Karaikal in the past two days has left their harvest-ready samba paddy under water.
Indian Optimism Awaiting a Trumpian Order
We are dealing with a superpower seeking to reconcile multiple interests in a challenging global environment. Convergence of interests does not translate to a congruence of actions
AIR to help mitigate man-animal conflicts in MP
COUNTRY'S public radio broadcaster, the All India Radio (AIR-Akashvani) has a new role to play in Madhya Pradesh - alerting people about movement of wild animals, including elephants, tigers and leopards to prevent human-animal conflicts and related casualties.
TikTok US May Get More Time To Find Buyer
President-elect Donald Trump said on Sunday that he plans to issue an executive order that would give TikTok's China-based parent company more time to find an approved buyer before the popular video-sharing platform is subject to a permanent US ban.
OUTWARD APPEARANCES, INNER MOTIVES AND ALL THAT GREED
WAMI Vivekananda's birthday, by the English calendar, was on January 12, but his birth anniversary, or Jayanti, according to the panchang or Indian calendar, is on January 21 this year.
