Intentar ORO - Gratis
Stock market soars on US Fed rate cut signal, Sensex up 539 points, Nifty above 22,000
The Business Guardian
|March 22, 2024
On Thursday, the Indian stock market witnessed a significant surge, with benchmark Sensex rallying 539 points and Nifty closing above the 22,000 level.
-
This upward movement was primarily driven by buying activity in metal, power, and energy shares, coupled with a global market rally following the US Federal Reserve’s projection of three rate cuts for the year.
The 30-share BSE Sensex surged by 539.50 points or 0.75 percent to settle at 72,641.19, marking its second consecutive day of gains. At its peak during the day, it soared by 780.77 points or 1.08 percent to touch 72,882.46. Similarly, the NSE Nifty climbed by 172.85 points or 0.79 percent to reach 22,011.95.
Leading the gains in the Sensex basket were stocks like NTPC, Power Grid, IndusInd Bank, Tata Steel, Tata Motors, JSW Steel, Tech Mahindra, and Larsen & Toubro. On the other hand, Bharti Airtel, Maruti, ICICI Bank, and Asian Paints were among the laggards.
Esta historia es de la edición March 22, 2024 de The Business Guardian.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Business Guardian
The Business Guardian
LDF, UDF SPAR OVER PM SHRI IMPLEMENTATION IN KERALA
LDF MLAs walk out of Assembly, accuse UDF of ‘shameful surrender’ to Centre
2 mins
June 25, 2026
The Business Guardian
MCD LoP writes to Mayor seeking House discussion
Senior Aam Aadmi Party (AAP) leader and Leader of Opposition (LoP) in the MCD (Municipal Corporation of Delhi), Ankush Narang, launched sharp attack on the Bharatiya Janata Party (BJP), claiming that it is responsible for the series of building collapses and deadly fire incidents that have claimed multiple lives across Delhi.
1 min
June 25, 2026
The Business Guardian
MSME Pride Walkathon 2026 Unites Entrepreneurs, Innovators and Youth for Viksit Bharat 2047
On the occasion of International MSME Day 2026, the Indian Industries Association (IIA), Delhi State successfully organized the MSME Pride Walkathon 2026 at Karnail Singh Stadium, New Delhi, under the theme “Walking Together for Quality, Innovation, Entrepreneurship & Employment.”
1 min
June 25, 2026
The Business Guardian
ASSOCHAM, AFGHANISTAN CHAMBER OF COMMERCE AND INVESTMENT SIGN TRADE MOU
ASSOCHAM and Afghanistan Chamber of Commerce and Investment signed an MoU to strengthen trade ties and expand bilateral investment opportunities.
2 mins
June 25, 2026
The Business Guardian
Nirmala Sitharaman, Jamieson Greer discuss India-US trade deal in Delhi
Union Finance Minister Nirmala Sitharaman held discussions with a delegation led by US Trade Representative Jamieson Greer in New Delhi on Tuesday, as both sides exchanged views on strengthening bilateral trade and economic cooperation with a focus on new growth opportunities and deeper commercial engagement.
1 mins
June 25, 2026
The Business Guardian
INDIA AND IRAN THROUGH HISTORY: DIPLOMACY AMID GLOBAL CONFLICT
From ancient Persian influences to strategic cooperation in the 21st century, India and Iran have maintained a unique relationship that has endured wars, revolutions, sanctions and shifting global alliances.
5 mins
June 25, 2026
The Business Guardian
Consumer Court fines amazon for delivering wrong camera, orders Rs.4.68 lakh compensation
In a significant ruling strengthening consumer rights in the e-commerce sector, the District Consumer Disputes Redressal Commission, Darjeeling, has directed Amazon Seller Services Private Limited and its registered seller, Clicktech Retail Private Limited, to compensate a customer after he received the wrong camera model and was subsequently denied a refund.
2 mins
June 25, 2026
The Business Guardian
Over 50 foreign medical graduates meet Delhi Health Minister
More than 50 Foreign Medical Graduates (FMGs) from Delhi on Wednesday met the Delhi Health Minister to raise concerns over delays in internship allotment and disparities in stipend payments, according to a delegation jointly led by the Federation of All India Medical Associations (FAIMA).
1 min
June 25, 2026
The Business Guardian
Delhi govt to protect the health of 2.70 lakh construction workers
The Delhi Government has taken a significant step towards safeguarding the health of workers and their families in the national capital, an official release said.
1 min
June 25, 2026
The Business Guardian
Gautam Adani highlights infrastructure and intelligence as drivers of India's growth
Gautam Adani, Chairman of the Adani Group, outlined infrastructure and intelligence as the twin global engines that must shape India's strength, secure its sovereignty, and accelerate its journey to becoming one of the defining powers of this century.
2 mins
June 25, 2026
Listen
Translate
Change font size