Quick News Bit

Benchmark indices settle at fresh lifetime highs

0
File image.

File image.
| Photo Credit: Reuters

Equity benchmarks settled at record highs on Friday, rallying for the fourth day running, helped by intense buying in index majors Reliance Industries, Wipro and Maruti.

In a largely range-bound trade, the 30-share BSE Sensex climbed 20.96 points or 0.03% to settle at 62,293.64, its fresh record closing high.

During the day, it jumped 175.05 points or 0.28% to 62,447.73—its lifetime intra-day peak.

Likewise, broader NSE Nifty went up by 28.65 points or 0.15% to end at 18,512.75, its all-time high.

Reliance Industries emerged as the biggest gainer among the Sensex firms, rising 1.34 per cent, followed by Wipro, Tech Mahindra, Axis Bank, IndusInd Bank, Maruti, Tata Steel and Mahindra & Mahindra were among the major winners.

On the other hand, Nestle, Kotak Mahindra Bank, ICICI Bank and HCL Technologies were the major laggards.

Elsewhere in Asia, markets in Seoul, Tokyo and Hong Kong ended lower, while Shanghai settled in the green.

Equity exchanges in Europe were trading mostly lower in the afternoon trade. Wall Street was closed for a holiday on Thursday.

International oil benchmark Brent crude was trading 1.21% higher at $86.37 per barrel.

Foreign Institutional Investors (FIIs) turned net buyers as they bought shares worth ₹1,231.98 crore on Thursday, as per exchange data.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment