BREAKING | Sensex Rises 1,001 Points, Nifty Touches 16,917; Bajaj Finance Up 10 Per Cent

Investors exuded confidence after the US Federal Reserve hinted at slowing down interest rate hikes which also lifted stocks globally

In the broader markets, the BSE Midcap and Smallcap indices gained up to 0.9 per cent each.

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Sensex and Nifty, the two key equity benchmarks, on Thursday, opened sharply higher after tracking positive global cues. Investors exuded confidence after the US Federal Reserve hinted at slowing down interest rate hikes which also lifted stocks globally.

The BSE Sensex rose 1,000 points to 56,817, while the NSE Nifty50 gained 275 points to 16,917 at 12.50 pm.

On the BSE platform, Bajaj Finance gained 10.11 per cent. Bajaj Finserv, IndusInd Bank, Infosys, TechM, Axis Bank, Tata Steel, Wipro, Kotak Bank, and others were performing well. On the flipside, Dr Reddy’s was the main loser, down 1.01 per cent. Airtel, UltraCemco, Sun Pharma, and ITC were trailing.

In the broader markets, the BSE Midcap and Smallcap indices gained up to 0.9 per cent each.

 

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