Saturday, July 2, 2022
News

Sensex jumps 930 points; Tata Steel, ITC, Reliance Industries surge

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai (Maharashtra) | May 17, 2022 1:56:26 PM IST
The Indian stock markets' key indices, Sensex and Nifty, jumped by nearly two per cent on Tuesday led by strong buying support in metal, energy and banking stocks.

The 30 stock S&P BSE Sensex was trading 930.62 points or 1.76 per cent higher at 53,904.46 points at 12.44 pm, against its previous day's close at 52,973.84 points.

Earlier, the Sensex opened in the positive at 53,285.19 points and jumped to a high of 53,991.49.

This is the second consecutive day of rally in the Indian equities markets. The Sensex had 180.22 points or 0.34 per cent on Monday.

The broader Nifty 50 of the National Stock Exchange was trading 294.45 points or 1.86 per cent higher at 16,136.75 points against its previous day's close at 15,842.30 points.

The Sensex had gained 60.15 points or 0.38 per cent on Monday.

There was strong buying support in metal, energy, IT and banking stocks.

Tata Steel surged 4.94 per cent to Rs 1158.75. The index heavyweight Reliance Industries Limited was trading 3.46 per cent higher at Rs 2511.40. ITC jumped 3.56 per cent to Rs 263.10.

Maruti Suzuki soared 3.39 per cent to Rs 7500. ICICI Bank, HCL Technologies, L&T, Bajaj Finance, Axis Bank and Wipro were among the major Sensex gainers.

Only three of the 30 scrips that are part of the Sensex were trading in the red. Sun Pharma, Dr Reddy's Laboratories and Tech Mahindra were trading marginally down. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Kharif 2022: Rice, oil seeds sowing less...
India's largest floating solar power pro...
Hero MotoCorp sales rise 35.7 pc year-on...
FPI sell-off continues for 9-month, pull...
IDT and MANTRA presented India's first s...
Newsahoot launches a new website to help...
More...
 
INDIA WORLD ASIA
Pourakarmikas launch indefinite strike i...
Rath Yatra: Chariots of Jagannath, his s...
Gaya teacher booked for molestation - on...
Statement of Nupur Sharma was recorded o...
BJP national executive meet from Sat; PM...
Shiv Sena row: Uddhav Thackeray sacks Sh...
More...    
 
 Top Stories
Taron Egerton expresses desire to s... 
Rakul Preet Singh enjoys golf sessi... 
Two Indian women arrested in Bangko... 
Bill Gates shares his five-decade o... 
'Every day at least one or two Afgh... 
Manipur landslide: Search operation... 
Delhi Police notices support for Al... 
Wimbledon: Jabeur upsets Parry; Mer...