- By Aditya Pratap Singh
- Tue, 03 Dec 2024 04:25 PM (IST)
- Source:JND
Stock Market: The domestic benchmark indices Sensex and Nifty rose for the third consecutive session on Tuesday on buying of blue-chip stocks like HDFC Bank, Reliance Industries, and firm trends in global markets. The BSE benchmark Sensex jumped 597.67 points, or 0.74 per cent, to 80,845.75. During the day, it rose 701.02 points, or 0.87 per cent, to 80,949.10. The NSE Nifty rose 181.10 points, or 0.75 per cent, to 24,457.15.
In the Sensex pack of 30 scrips, Adani Ports gained the most by 5.93 per cent. Axis Bank, NTPC, Larsen & Toubro, State Bank of India, Tata Motors, Ultratech Cement, HDFC Bank and Reliance Industries were the other gainers. Bharti Airtel, ITC, Sun Pharma, Asian Paints and Kotak Mahindra Bank were the laggards.
Asian markets were trading with gains in Seoul, Tokyo, Shanghai and Hong Kong. European markets were also trading in the green. U.S. markets ended with gains on Monday. According to stock exchange data, foreign institutional investors offloaded equity worth Rs 238.28 crore on Monday, while domestic institutional investors bought shares worth Rs 3,588.66 crore.
The global benchmark Brent crude rose 1.13 per cent to $72.64 per barrel. The BSE benchmark Sensex recovered the early lost ground to close 445.29 points, or 0.56 per cent, higher at 80,248.08 on Monday. The Nifty rose 144.95 points, or 0.60 per cent, to 24,276.05.
The rupee rose only 3 paise to 84.69 (provisional) against the US dollar in limited trade on Tuesday, recovering from its all-time low for the day amid a positive trend in domestic equities.
At the interbank forex, the rupee opened at 84.75 and moved in a narrow range, touching an intraday high of 84.64 and an all-time low of 84.76 against the greenback. On Monday, the rupee fell 12 paise to an all-time low of 84.72 against the dollar.
(With Agencies Inputs)