New Delhi: Equity indices rose for the third consecutive session on Tuesday with the benchmark BSE Sensex Gains in banking, financial stocks led by over 650 points.
The 30-share index of BSE closed at 59,856, up 673 points or 1.14 per cent. Whereas, broad NSE Nifty It closed 180 points or 1.02 per cent higher at 17,805.
NTPC, PowerGrid, SBI, Titan, Reliance and Axis Bank were the top gainers in the Sensex pack, up 5.48 per cent.
On the other hand, Sun Pharma, IndusInd Bank, Ultra Semco, Dr Reddy’s and Infosys fell up to 1.09 per cent.
On the NSE platform, the sub-indices of Nifty PSU Bank, Oil & Gas and Financial Services rose up to 1.24 per cent.
Anita Gandhi said, “Old economy stocks like banking and energy where valuations are good, they are doing well… Crude oil prices have started to improve, and if this continues it will certainly be energy.” Will be positive for the region.” Arihant Capital Markets director told news agency Reuters.
He further added that the effect of the Omicron variant may not be as bad as the previous wave of infections, but now a certain sense of fear is returning.
Meanwhile, foreign institutional investors (FIIs) were net buyers in the capital market on Monday, buying shares worth Rs 575.39 crore, exchange data showed.
The 30-share index of BSE closed at 59,856, up 673 points or 1.14 per cent. Whereas, broad NSE Nifty It closed 180 points or 1.02 per cent higher at 17,805.
NTPC, PowerGrid, SBI, Titan, Reliance and Axis Bank were the top gainers in the Sensex pack, up 5.48 per cent.
On the other hand, Sun Pharma, IndusInd Bank, Ultra Semco, Dr Reddy’s and Infosys fell up to 1.09 per cent.
On the NSE platform, the sub-indices of Nifty PSU Bank, Oil & Gas and Financial Services rose up to 1.24 per cent.
Anita Gandhi said, “Old economy stocks like banking and energy where valuations are good, they are doing well… Crude oil prices have started to improve, and if this continues it will certainly be energy.” Will be positive for the region.” Arihant Capital Markets director told news agency Reuters.
He further added that the effect of the Omicron variant may not be as bad as the previous wave of infections, but now a certain sense of fear is returning.
Meanwhile, foreign institutional investors (FIIs) were net buyers in the capital market on Monday, buying shares worth Rs 575.39 crore, exchange data showed.
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