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Mkts up nearly 2%, investors richer by ₹6L cr
The New Indian Express Mangaluru
|January 03, 2025
Robust performance by auto companies in December further bolstered buying sentiment, fueling the rally
DOMESTIC equity markets surged on Thursday, the second trading session of 2025, driven by optimism over improved third-quarter earnings. Robust performance by auto companies in December further bolstered buying sentiment, fueling the rally.
Benchmark indices, BSE Sensex and NSENifty50, gained about 2% with the former breaching the 80,000 mark in intraday deals. At close, the Sensex was up 1,436.30 points or 1.83% at 79,943.71, and the Nifty surged 445.75 points or 1.88% to close at 24,188.65.
The sharp rally added more than ₹6 lakh crore to investors' kitty as the market capitalization of all BSE listed companies grew from ₹445.94 lakh crore on Wednesday to ₹452 lakh crore on Thursday. Foreign institutional investors (FIIs) also joined the party as they were net buyers (purchased shares worth ₹1,507 crore) on Thursday.
All the sectoral indices closed in the green. The auto index, led by heavyweight Maruti Suzuki, zoomed 3.5% and the IT index was up 2%.
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The New Indian Express Mangaluru
Munoz powers Colombia to Rd of 32
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The New Indian Express Mangaluru
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The New Indian Express Mangaluru
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The New Indian Express Mangaluru
Indian Navy ships wrap up Vietnam visit amid focus on Act East outreach
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The New Indian Express Mangaluru
Hurdler Yarraji makes dream return
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1 min
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The New Indian Express Mangaluru
Jekyll and Hyde rerun? Blanket seller during day, drug smuggler at night
BY day, he travelled from town to town on a motorcycle selling blankets. By night, he smuggled drugs like opium and poppy husk across state borders.
1 min
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The New Indian Express Mangaluru
Landmark legal win for female footballers
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1 min
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The New Indian Express Mangaluru
Shah vision document to take on narco terror
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1 mins
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The New Indian Express Mangaluru
AI Delhi-Amritsar flight sent back after entering Pak airspace briefly
WHILE maneuvering a go-around due to heavy traffic congestion, an Air India flight from Delhi to Amritsar briefly entered Pakistani airspace on Monday night, raising alarm bells.
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The New Indian Express Mangaluru
Croatia stay alive, Panama eliminated
THERE wasn’t much open space in Panama’s back line as they tried to keep their World Cup hopes alive.
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