Equity benchmark indices Sensex and Nifty surged over 1 per cent on Thursday, taking their winning momentum to the third day running, amid growing optimism following easing geopolitical tensions and buying in market heavyweights HDFC Bank and Reliance Industries.
Photograph: Francis Mascarenhas/Reuters
The 30-share BSE Sensex jumped 1,000.36 points or 1.21 per cent to settle at 83,755.87.
During the day, it surged 1,056.58 points or 1.27 per cent to 83,812.09.
The 50-share NSE Nifty rallied 304.25 points or 1.21 per cent to 25,549.
From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers.
In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.
In Asian markets, Japan’s Nikkei 225 index settled higher, while South Korea’s Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ended lower.
Global oil benchmark Brent crude climbed 0.18 per cent to $67.80 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,427.74 crore on Wednesday, while Domestic Institutional Investors (DII) bought stocks worth Rs 2,372.96 crore, according to exchange data.
