Tuesday, July 5, 2022
News

Sensex soars 1,534 points; RIL, Dr Reddy's, Tata Steel surge

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai (Maharashtra) | May 20, 2022 4:54:45 PM IST
The Indian stock markets posted a strong recovery on Friday with benchmark indices, Sensex and Nifty, surging around three per cent led by around six per cent rally in the index heavyweight Reliance Industries.

The 30 stock S&P BSE Sensex surged 1534.16 points or 2.91 per cent to close at 54,326.39 points against its previous day's close at 52,792.23 points.

Recovering the previous day's losses, the Sensex started the day with significant gains at 53,513.97 points and surged to a high of 54,396.43 points in the intra-day.

The Sensex had lost 1,416.30 points or 2.61 per cent on Thursday amid the global meltdown.

The broader Nifty 50 of the National Stock Exchange surged 456.75 points or 2.89 per cent to 16,266.15 points against its previous day's close at 15,809.40 points.

The Nifty had lost 430.90 points or 2.65 per cent on Thursday.

Dr Reddy's Laboratories surged 8.10 per cent to Rs 4246.30.

The index heavyweight Reliance Industries Limited soared 5.77 per cent to Rs 2622.15. Nestle India soared 4.74 per cent to Rs 16863.85. Tata Steel jumped 4.22 per cent to Rs 1170.20.

Gains were across the board. All the 30 scrips that are part of the Sensex closed in the positive. Out of the 50 scrips that are part of the Nifty, 48 closed in the positive.

One-third of the Sensex scrips gained more than three per cent. Out of the 30 scrips, 19 gained more than 2 per cent.

L&T, Axis Bank, Sun Pharma, IndusInd Bank, State Bank of India, HDFC, ICICI Bank, Hindustan Unilever and Kotak Bank were among the major Sensex gainers. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Small-cap indices witness sharp correcti...
85% intermediaries say new IT rules will...
EXPLAINED: Why central banks, including ...
Public vote winner of EUR2,000 selected ...
Chitkara University confers D.Litt to th...
Fidel Softech IPO receives good investor...
More...
 
INDIA WORLD ASIA
Udaipur horror: Raj MP says state's inte...
J&K LG visits Amarnath Yatra base camp a...
Normalcy starts returning to Udaipur 6 d...
JD-U to contest Nagaland Assembly electi...
Army rescues injured Amarnath yatri...
PM Modi shares success stories of digita...
More...    
 
 Top Stories
Kenya's presidential campaign enter... 
MP: Woman thrashed, forced to carry... 
Actor Judith Chemla shares photos o... 
Pakistan's future is tied up with R... 
US agencies identify 'person of int... 
James Cameron may not direct anothe... 
Chinese-Canadian businessman on tri... 
No evidence of life on Venus found ...