Sensex rises 125 points, Nifty nears 17,000; RIL, Maruti shine
The Hindu
Shares of Reliance Industries climbed 1.54%, the most among the 30-share BSE constituents
Equity benchmark Sensex climbed 126 points on March 27, propped up by buying in index heavyweights Reliance Industries, Maruti and SBI amid a higher opening in European equities.
The 30-share BSE Sensex climbed 126.76 points or 0.22% to finish at 57,653.86. During the day, it jumped 492.45 points or 0.85% to 58,019.55.
The broader NSE Nifty advanced 40.65 points or 0.24% to end at 16,985.70.
Among the Sensex firms, Reliance Industries, Maruti, Sun Pharma, State Bank of India, UltraTech Cement, Infosys, Kotak Mahindra Bank, Hindustan Unilever, ITC and HDFC Bank were the biggest gainers.
Shares of Reliance Industries climbed 1.54%, the most among the 30-share BSE constituents.
Power Grid, Axis Bank, Mahindra & Mahindra and Tata Motors were among the major laggards.
In Asian markets, Seoul, Shanghai and Hong Kong ended in the red while Japan settled in the green.
The decline in India’s net foreign direct investment (FDI) inflows, which have dropped almost 31% to $25.5 billion over the first ten months of 2023-24, is in line with the slowdown in such investments to developing countries, the Finance Ministry has said, while holding out hope for an uptick in investments this year.