fbpx
  • Hindi
  • Heritage Edge
  • Sports Edge
  • Wildlife Edge
SHARP. BITTER. NEUTRAL.
No Result
View All Result
  • Login
The Edge Media
Monday, August 15, 2022
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
No Result
View All Result
The Edge Media
No Result
View All Result
Home Business Edge

Over 3% gain each in Sensex, Nifty end at 7-week high; the factors which pumped markets higher

The Edge Media by The Edge Media
2 years ago
in Business Edge, Main Story, Stock Exchange
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on LinkedInShare via TelegramSend To WhatsApp

As the market traded up for the fourth day in a row, major indices closed with over 3 per cent gains on Thursday, the last day of the futures & options (F&O) contracts of the April series, led by robust buying in autos, metals and technology stocks.

The market rally was supported by positive trials undergoing of experimental drug for coronavirus treatment. BSE Sensex soared 1,000 points or 3.05 per cent with the session ending at 33,717, while the broader Nifty 50 index advanced 306 points or 3.21 per cent to 9,860. The top gainers on the BSE Sensex were  ONGC, HCL Tech, Hero MotoCorp and TCS. While Sun Pharma, HUL and IndusInd Bank were among the laggards on the index.

“Financials and IT contributed most to the gains in the benchmark indices along with Reliance, ahead of its results,”

Vinod Nair, Head of Research at Geojit Financial Services, stated

RIL among top index contributors Ahead of March quarter earnings, Reliance Industries remained among the top index contributors in today’s trade.

“Being F&O expiry day today, short-covering and roll-overs in the market also contributed to the gains,”

Nair added.
Previous Post

Snow capped Himalayas visible from Saharanpur as AQI dips below 50

Next Post

CM Yogi gives assurance to UP migrants stranded in different states- ‘Be patient, will ensure safe return’

Related News

PM Modi said in Tokyo that Japan has played an essential role in India's growth

PM Modi said in Tokyo that Japan has played an essential role in India’s growth

by The Edge Media
May 23, 2022
0

Prime Minister Modi met with Japanese business leaders in Tokyo on Monday. India will work for an inclusive and flexible...

Ahead to the Quad Summit, the US announces an unconventional trade agreement

Ahead to the Quad Summit, the US announces an unconventional trade agreement

by The Edge Media
May 23, 2022
0

It is not a “traditional trade deal”, but a “new model of economic arrangement that will set the terms and...

Admission to madrassas is a "rights violation," according to Assam's chief minister

Admission to madrassas is a “rights violation,” according to Assam’s chief minister

by The Edge Media
May 23, 2022
0

Assam chief minister Himanta Biswa Sarma has stated that children will not be allowed to consider careers as doctors or...

Oxfam At Davos: It's Time to Tax The Rich | Covid Made A Billionaire Every 30 Hours

Oxfam At Davos: It’s Time to Tax The Rich | Covid Made A Billionaire Every 30 Hours

by The Edge Media
May 23, 2022
0

As the Davos conference resumes, Oxfam warned that the Covid pandemic has created a new billionaire every 30 hours and...

Petrol, Diesel prices: Mumbai’s fuel prices are decreasing

by The Edge Media
May 23, 2022
0

After Finance Minister Nirmala Sitharaman announced drop-in excise duty on petrol of 8 rupees per litre and diesel of 6...

BKU split: Senior leader splits with Tikait brothers to launch 'apolitical' farmer outfit

BKU split: Senior leader splits with Tikait brothers to launch ‘apolitical’ farmer outfit

by The Edge Media
May 15, 2022
0

On the death anniversary of its founder president Mahendra Singh Tikait on Sunday, schisms within the Bhartiya Kisan Union (BKU)...

Discussion about this post

Recommended

Covid drains bank accounts of uninsured

Covid drains bank accounts of uninsured

1 year ago
कोरोना पर PM मोदी को विपक्ष के 12 दलों ने लिखी चिट्ठी, मुफ्त वैक्सिनेशन समेत दिए 9 सुझाव

कोरोना पर PM मोदी को विपक्ष के 12 दलों ने लिखी चिट्ठी, मुफ्त वैक्सिनेशन समेत दिए 9 सुझाव

1 year ago

Popular News

    • Hindi
    • Heritage Edge
    • Sports Edge
    • Wildlife Edge
    SHARP. BITTER. NEUTRAL.

    © 2021 The Edge Media All Rights Reserved.

    No Result
    View All Result
    • Home
    • National Edge
    • State Edge
    • Political Edge
    • World Edge
    • Entertainment Edge
    • Business Edge
    • Sports Edge

    © 2021 The Edge Media All Rights Reserved.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In