Nifty, Sensex rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
PTI, Apr 26, 2024, 10:28 AM IST
Mumbai: Equity benchmark indices climbed in early trade on Friday, extending their rally for the sixth day running, on heavy buying in Tech Mahindra and firm trends in Asian markets.
The 30-share BSE Sensex climbed 176.47 points to 74,515.91 in early trade. The NSE Nifty went up by 50.05 points to 22,620.40.
From the Sensex basket, Tech Mahindra jumped over 12.50 per cent after the IT services company’s CEO outlined an ambitious three-year roadmap to accelerate revenue growth and lift margins.
Tech Mahindra CEO Mohit Joshi said the company hopes to come back to growth in H2 FY25.
Tata Steel, Wipro, JSW Steel, HCL Technologies, HDFC Bank and ITC were among the other major gainers.
Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra and Nestle were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.
Wall Street ended lower on Thursday.
Global oil benchmark Brent crude climbed 0.33 per cent to USD 89.30 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,823.33 crore on Thursday, according to exchange data.
The BSE benchmark climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday. The NSE Nifty advanced 167.95 points or 0.75 per cent to 22,570.35.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
NCLT recalls order on Zee-Sony merger, allows withdrawal of scheme
SpiceJet shareholders approve Rs 3,000 cr fund raising plan
Inflation moderated but we still have distance to cover: RBI Guv Das
Assamese actor Sumi Bora to surrender amid multi-crore stock market scam probe
Sensex declines by 398 pts, Nifty ends below 25K on profit taking in Tata Motors, RIL
MUST WATCH
Latest Additions
Karnataka Women’s Commission gives Kannada film industry 15 days to come up with POSH plan
Those filled with hate not leaving any chance to defame the country: PM Modi’s veiled dig at Rahul Gandhi
Kejriwal holds one on one meeting with AAP’s PAC members to elect next Delhi CM
Jobs ready for youths in J-K holding laptops and tricolour, jail for stone pelters: Amit Shah
Udayavani.com “Nammane Krishna”: Broadcast of 6th Prize-Winning Reel
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.