Indian equity markets trade higher on positive global cues
.jpg)
Indian equity markets traded in the positive territory on Monday prompted by positive global cues and expectations of healthy quarterly results.
Consequently, the two key indices traded in the green during the mid-afternoon trade session, as healthy buying was witnessed in all the 19 sub-indices of the BSE, led by stocks of consumer durables, oil and gas and banks.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) surged by 40.70 points or 0.48 per cent to 8,581.90 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,753.96 points, traded at 27,958.44 points (at 1.00 p.m.) — up 155.20 points or 0.56 per cent from the previous close at 27,803.24 points.
The Sensex has touched a high of 27,961.16 points and a low of 27,736.51 points during the intra-day trade so far.
The BSE market breadth was skewed in favour of the bulls — with 1,660 advances and 817 declines.
On Friday, the benchmark indices were lifted by positive domestic cues and continued inflow of foreign funds.
The barometer index rose by 92.72 points or 0.33 per cent, while the NSE Nifty edged up by 31.10 points or 0.37 per cent.
Other Latest News
.webp)
The Supreme Court on Tuesday dismissed a petition seeking to revert to ballot paper voting in elections in the country.
"What happens is, when you win the election, EVMs (electronic voting machine) are not tampered. When you lose the election, EVMs are tampered (with)," remarked a bench of Justices Vikram Nath and P B Varale.
.webp)
The Bharatiya Janata Party (BJP) would not rush into announcing its chief ministerial candidate until the distribution of portfolios in the new Maharashtra government is finalised, party sources said on Tuesday.
The indications that the Mahayuti coalition's decision on who would become the next CM would be delayed emerged as the Governor on Tuesday morning asked Eknath Shinde to act as a caretaker chief minister after he tendered his resignation.
.webp)
Anurag Agrawal, Dean of Biosciences and Health Research at Ashoka University, in a conversation with Economic Times, has claimed that every resident of Delhi is developing lung damage as deadly smog continues to blanket the Capital city.
Upon being asked how many people will suffer from lung cancer in future because of poor AQI, the Ashoka University dean said that “every Delhi is developing some degree of lung damage.” People who have pre-existing diseases or sensitivity are more serious, but no one is immune to it, he added.
.webp)
India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States, a top official told Reuters.
US authorities have charged Gautam Adani and seven others with agreeing to pay bribes of $265 million to unnamed Indian government officials to obtain solar power-supply contracts in Odisha, Tamil Nadu, Chhattisgarh, Andhra Pradesh and the federal territory of Jammu and Kashmir, between 2021 and 2022.
.webp)
The board of directors of Hindustan Unilever (HUL) on Monday gave an in-principle approval to demerge the ice-cream business into an independent listed entity.
Subject to necessary approvals and procedures, shareholders of HUL will receive shares in the new entity in proportion to their shareholding in the company, HUL said in a release.
.webp)
.webp)
.webp)
.webp)
.webp)
