Sensex rallies 367 points to reclaim 60k; Nifty above 17,900

Bajaj Finserv was the top gainer in the Sensex pack.

January 05, 2022 04:43 pm | Updated 04:43 pm IST - Mumbai

Bombay Stock Exchange (BSE), in Mumbai.

Bombay Stock Exchange (BSE), in Mumbai.

Rising for the fourth straight session, equity benchmark Sensex rallied 367 points to reclaim the 60,000-mark on Wednesday, driven by strong gains in banking and financial stocks amid a supportive trend in European equities.

The 30-share index surged 367.22 points or 0.61 % to end at 60,223.15. Similarly, the broader NSE Nifty rose 120 points or 0.67 % to 17,925.25.

Bajaj Finserv was the top gainer in the Sensex pack, rising over 5 %, followed by Bajaj Finance, Kotak Bank, Axis Bank, Tata Steel, HDFC Bank, Asian Paints and ICICI Bank.

On the other hand, Tech Mahindra, Infosys, HCL Tech, Wipro and PowerGrid were among the laggards.

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul ended in the red, while Tokyo was positive.

Stock exchanges in Europe were trading with significant gains in mid-session deals.

Meanwhile, international oil benchmark Brent crude slipped 0.01 % to $ 79.99 per barrel.

Foreign institutional investors (FIIs) were net buyers in the capital market, buying shares worth ₹ 1,273.86 crore on Tuesday, according to stock exchange data.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.