Home Economy Sensex soars over 550 points, Nifty closes above 12,260

Sensex soars over 550 points, Nifty closes above 12,260

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New Delhi: Markets rose for the fifth straight session on Friday amid huge international fund influx.

The 30-share BSE index ended 552.90 factors or 1.34 % larger at 41,893.06. Similarly, the broader NSE Nifty surged 143.25 factors or 1.18 % to 12,263.55.

Major gainers within the Sensex pack had been RIL, Bajaj Finserve, IndusInd Bank, HDFC Bank, Kotak Bank, HDFC, M&M, Bajaj Finance, Tech Mahindra, ICICI Bank, Bajaj Auto and Titan, rising upto 3.78 %. On the opposite hand, main losers had been Maruti, Bharti Airtel, Asian Paint, Ultrachem, Nestle, Sun Pharma, ITC, HUL and Powergrid, falling upto 2.65 %.

In the earlier session on Thursday, Sensex surged 724.02 factors or 1.78 per cent to shut at 41,340.16. The benchmark has wiped off all losses for the 2020 calendar 12 months. It closed at 41,306.02 on January 1, 2020. The broader NSE Nifty additionally zoomed 211.80 factors or 1.78 per cent to complete at 12,120.30.

Foreign institutional buyers remained internet patrons within the capital market as they bought shares value Rs 5,368.31 crore on Thursday, in response to provisional alternate knowledge.

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Meanwhile, within the foreign exchange market, the rupee settled 28 paise larger at 74.08 towards the US greenback. 

International oil benchmark Brent crude was buying and selling 1.93 % decrease at USD 40.14 per barrel.

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