ANI
20 May 2022, 21:18 GMT+10
Mumbai (Maharashtra) [India], May 20 (ANI): The Indian stock markets posted a strong recovery on Friday with benchmark indices, Sensex and Nifty, surging around three per cent led by around six per cent rally in the index heavyweight Reliance Industries.
The 30 stock SP BSE Sensex surged 1534.16 points or 2.91 per cent to close at 54,326.39 points against its previous day's close at 52,792.23 points.
Recovering the previous day's losses, the Sensex started the day with significant gains at 53,513.97 points and surged to a high of 54,396.43 points in the intra-day.
The Sensex had lost 1,416.30 points or 2.61 per cent on Thursday amid the global meltdown.
The broader Nifty 50 of the National Stock Exchange surged 456.75 points or 2.89 per cent to 16,266.15 points against its previous day's close at 15,809.40 points.
The Nifty had lost 430.90 points or 2.65 per cent on Thursday.
Dr Reddy's Laboratories surged 8.10 per cent to Rs 4246.30.
The index heavyweight Reliance Industries Limited soared 5.77 per cent to Rs 2622.15. Nestle India soared 4.74 per cent to Rs 16863.85. Tata Steel jumped 4.22 per cent to Rs 1170.20.
Gains were across the board. All the 30 scrips that are part of the Sensex closed in the positive. Out of the 50 scrips that are part of the Nifty, 48 closed in the positive.
One-third of the Sensex scrips gained more than three per cent. Out of the 30 scrips, 19 gained more than 2 per cent.
LT, Axis Bank, Sun Pharma, IndusInd Bank, State Bank of India, HDFC, ICICI Bank, Hindustan Unilever and Kotak Bank were among the major Sensex gainers. (ANI)
Get a daily dose of Afghanistan Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Afghanistan Sun.
More InformationDUBAI, UAE: The Arab states have built significant amounts of solar and wind power installations, and are in line to ...
LONDON, England: A second referendum on Scottish independence is set to be held in October 2023. The Scottish government, led ...
LISBON, Portugal: Tuvalu Foreign Minister Simon Kofe walked out of the opening cermonies of this week's United Nations Ocean Conference ...
SULAWESI, Indonesia: Using just a rope, an Indonesian man, supported by fellow villagers on the island of Sulawesi, captured a ...
WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...
ISTANBUL, Turkey: Turkish police detained dozens of people after local authorities banned Istanbul's annual Pride parade from going ahead this ...
Russian leader was responding to comments from UK PM Boris JohnsonSpeaking to journalists in Turkmenistan on Wednesday, Russian President Vladimir ...
Water is arguably the most important resource in Central Asia. It is vital for agriculture, which feeds and provides livelihoods ...
Toronto [Canada], July 1 (ANI): Prevalence of Jihad in Afghanistan is a Pakistan-bred concept that serves their political interest. While ...
Kabul [Afghanistan], July 1 (ANI): The Taliban increased the price of coal by 30 per cent after Pakistan Prime Minister ...
Kabul [Afghanistan], July 1 (ANI): In Afghanistan, nearly 500,000 families may soon become homeless as a result of the increasing ...
ISLAMABAD - The United States and Afghanistan's ruling Taliban concluded a two-day meeting in Doha, Qatar, Thursday, the first in-person ...