Sensex jumps 324 points in early trade
The Hindu
The Nifty was up 94.9 points to 17,053.55 points.
Equity benchmark indices bounced back on Wednesday, April 20, 2022, after falling for five straight sessions, with the Sensex climbing 324 points in early trade, helped by recovery in Infosys and HDFC twins along with buying in Reliance Industries.
Besides, a largely positive global market trend boosted investor sentiments.
Halting its five-day fall, the BSE benchmark Sensex was trading 324.07 points higher at 56,787.22 points in opening trade. The Nifty was up 94.9 points to 17,053.55 points.
From the 30-share Sensex pack, Reliance Industries, Maruti, Wipro, TCS, Nestle, M&M and Infosys were among the early gainers. Both HDFC twins were also quoting in the green.
In contrast, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank and Larsen & Toubro were among the laggards.
On Tuesday, Sensex finished 703.59 points or 1.23 per cent lower at 56,463.15 points. NSE Nifty declined 215 points or 1.25 per cent to settle at 16,958.65 points.
Both the benchmark indices had closed in the red for the fifth straight session on Tuesday. Sensex had lost a hefty 2,984.03 points in five sessions while the Nifty shed 825.70 points.
RBI plans ₹1 lakh crore OMO in December to boost liquidity amid upcoming tax payments, ensuring stability in the banking system.
IndiGo faces ongoing flight delays and cancellations due to technology issues, weather, and new crew rostering rules.
Stock markets experience volatility as investors await RBI's monetary policy amid foreign fund outflows and mixed global trends.
ED attaches assets worth ₹1,120 crore in Anil Ambani's Reliance Group case, totaling ₹10,000 crore amid money laundering probe.
Rupee rises 20 paise to 89.69 against the dollar as investors await RBI's monetary policy decision amidst market pressures.
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.