[ad_1]
A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict.
Snapping their seven-day losing streak, the BSE Sensex climbed 1,328.61 points or 2.44 per cent to settle at 55,858.52, while the NSE Nifty went soared 410.45 points or 2.53 per cent to 16,658.40.
Barring HUL and Nestle, all Sensex shares closed with gains — with Tata Steel, IndusInd Bank, Bajaj Finance, NTPC and Tech Mahindra surging as much as 6.54 per cent.
On Thursday, the Sensex had crashed over 2,700 points — its biggest single-day plunge in about two years; and the Nifty had nosedived 815 points.
Spooked by the Ukraine crisis, foreign institutional investors further offloaded shares worth a net ₹6,448.24 crore in the Indian capital markets on Thursday, exchange data showed.
Asian shares edged significantly higher on Friday, driven by a US rebound, as more sanctions were announced against Russia for its military actions in Ukraine.
Meanwhile, the US, EU and Japan have vowed to support Ukraine and agreed on a second tranche of economic and financial sanctions on Russia.
Brent crude futures rose 0.67 per cent to USD 100.80 a barrel.
[ad_2]
Source link
Journalist Details
Latest entries
BusinessJune 4, 2024Shah Virchand Govanji Jewellers: A Legacy of Trust and Exquisite for Generations
BusinessJune 3, 2024Chote Vyapari Revolutionizes Local Marketing with AI-Powered Solutions
BusinessJune 3, 2024DigiMall Accelerates Growth with Expanded Product Lines, Doubles Down on Sustainable Sourcing
Brand StoriesJune 2, 2024Saaniya Jackson Launches Her Luxury Gemstone Brand SJ Diamond World Into eStudio Store With New Surprises Sections
Intralesional sclerotherapy for subcutaneous venous malformations in children cheapest place to buy cialis
Risedronate increases bone mass in an early postmenopausal population two years of treatment plus one year of follow up buy cialis 5mg online Several prion diseases are known in animals
There was no way out of that hall except for the three openings, Froya used a green tea green tea to lower blood pressure pills and blood pressure few simple little magics to seal the two exits on the ground does viagra stop you coming
hello there and thank you for your information –
I’ve certainly picked up something new from right here.
I did however expertise several technical points using this
site, as I experienced to reload the website a lot of times previous to I
could get it to load properly. I had been wondering if your web hosting
is OK? Not that I’m complaining, but slow loading instances times will very frequently affect your placement in google
and can damage your high quality score if ads and marketing with Adwords.
Anyway I am adding this RSS to my email and could look out for a lot more
of your respective interesting content. Make sure you update this
again very soon..