• Source:JND
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The domestic benchmark indices Sensex rose 1,436 points, or 1.83 per cent, to close at 79,943.71. In intraday trade, the BSE index rose 1,525.46 points, or 1.94 per cent, to 80,032.87, meanwhile, the theNifty50, the NSE index, rose 445.75 points or 1.88 per cent to settle at 24,188.65.

Among the 30 Sensex stocks, Bajaj Finserv, and Bajaj Finance surged 8 per and 6 per cent respectively. Other gainers from the pack are Maruti, Infosys, HCL Tech,  Zomato,  Titan,  Mahindra & Mahindra, UltraTech Cement and Kotak Mahindra Bank. Sun Pharma was the only loser.

The rally came a day after the government announced that the total GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore despite a significant increase in domestic and export refunds.

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India’s manufacturing sector fell to a 12-month low in December as new business orders and production expanded at a soft pace, a monthly survey showed on Thursday.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers Index stood at 56.4 in December from 56.5 in November, indicating a weak improvement in operating conditions. Despite the decline, headline numbers were above the long-term average of 54.1, indicating a strong growth rate. In BMI terms, a print above 50 means growth, while a score below 50 indicates contraction.

Among Asian markets, Seoul, Shanghai and Hong Kong saw declines. European markets were mostly underrated. US markets closed on Wednesday for the New Year holiday.

Foreign institutional investors offloaded stocks worth Rs 1,782.71 crore on Wednesday, according to exchange data.

The BSE benchmark rose 368.40 points or 0.47 per cent to 78,507.41 in the first trading session of 2025 on Wednesday. The Nifty rose 98.10 points, or 0.41 per cent, to 23,742.90.

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(With Inputs From PTI)