People outside the Bombay Stock Exchange (BSE), Mumbai.
| Photo Credit: REUTERS
Benchmark indices Sensex and Nifty ended higher on Monday (December 2, 2024) amid buying in blue-chip stocks Reliance Industries, Infosys and HDFC Bank along with a firm trend in the U.S. markets.
Recovering the early lost ground, the BSE benchmark Sensex climbed 445.29 points or 0.56% to settle at 80,248.08. During the day, it hit a high of 80,337.82 and a low of 79,308.95.
The NSE Nifty surged 144.95 points or 0.60% to 24,276.05.
From the 30-share Sensex pack, UltraTech Cement, JSW Steel, Adani Ports, Tech Mahindra, Titan, Maruti, Mahindra & Mahindra, Tata Steel and Reliance Industries were the biggest gainers.
NTPC, Hindustan Unilever, Kotak Mahindra Bank, IndusInd Bank and Larsen & Toubro were among the laggards.
In Asian markets, Seoul settled lower while Tokyo, Shanghai and Hong Kong ended higher.
European markets were trading mostly lower. U.S. markets ended in the positive territory on Friday.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,383.55 crore on Friday (November 29, 2024), according to exchange data. Domestic Institutional Investors (DIIs) bought equities worth ₹5,723.34 crore.
India’s economic growth slowed to a near two-year low of 5.4% in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors as well as weak consumption, but the country continued to remain the fastest-growing large economy, data showed on Friday.
India’s manufacturing sector growth fell to a 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday.
Global oil benchmark Brent crude climbed 0.85% to $72.45 a barrel.
The BSE benchmark jumped 759.05 points or 0.96% to settle at 79,802.79 on Friday. The Nifty climbed 216.95 points or 0.91% to 24,131.10.
Published – December 02, 2024 04:23 pm IST
