Mumbai: Benchmark Index Sensex And smelly With a gain of almost half a percent, it closed at a five-month high on Monday. foreign fund flow and strong trends in Asian and european market,
Gaining for the second consecutive day, the 30-share BSE Sensex climbed 317.81 points, or 0.51 per cent, to close at 62,345.71, the highest level since December 14.
The broader NSE Nifty settled 84.05 points, or 0.46 per cent, higher at 18,398.85, a level not seen since December 20, 2022.
In Sensex firms, Tata Motors The stock jumped nearly 3 percent after announcing its quarterly earnings. ITC, Tech Mahindra, Hindustan Unilever, Larsen & Toubro, Infosys, Tata Steel and Mahindra & Mahindra were the other biggest gainers.
Buoyed by rising domestic demand, pricing actions and smooth supply chain issues, Tata Motors reported a consolidated net profit of Rs 5,408 crore for the March quarter and aims to improve profit margins this fiscal despite headwinds .
Maruti, Tata Consultancy Services, Bajaj FinanceAsian Paints, Bajaj Finserv and Nestle were the laggards.
Foreign institutional investors (FIIs) were buyers on Friday as they bought equities worth Rs 1,014.06 crore, according to exchange data.
Foreign investors showed strong buying interest in Indian equities in May with over Rs 23,152 crore inflows in the first fortnight.
In Asia, bourses in Seoul, Tokyo, Shanghai and Hong Kong were trading in the green. European markets were mostly trading with gains. The US market closed with a slight decline on Friday.
Wholesale prices in India fell for the first time in nearly three years in April as softening global commodity prices eased food, fuel and other input costs for producers.
WPI inflation has been on a declining trend for the last 11 months and stood at (-) 0.92 per cent in April.
The BSE benchmark on Friday closed 123.38 points, or 0.20 per cent, higher at 62,027.90, its highest since December 12, 2022. The Nifty closed at 18,314.80, up 17.80 points or 0.1 per cent.
Meanwhile, global oil benchmark Brent crude climbed 0.24 per cent to $74.34 per barrel.
Gaining for the second consecutive day, the 30-share BSE Sensex climbed 317.81 points, or 0.51 per cent, to close at 62,345.71, the highest level since December 14.
The broader NSE Nifty settled 84.05 points, or 0.46 per cent, higher at 18,398.85, a level not seen since December 20, 2022.
In Sensex firms, Tata Motors The stock jumped nearly 3 percent after announcing its quarterly earnings. ITC, Tech Mahindra, Hindustan Unilever, Larsen & Toubro, Infosys, Tata Steel and Mahindra & Mahindra were the other biggest gainers.
Buoyed by rising domestic demand, pricing actions and smooth supply chain issues, Tata Motors reported a consolidated net profit of Rs 5,408 crore for the March quarter and aims to improve profit margins this fiscal despite headwinds .
Maruti, Tata Consultancy Services, Bajaj FinanceAsian Paints, Bajaj Finserv and Nestle were the laggards.
Foreign institutional investors (FIIs) were buyers on Friday as they bought equities worth Rs 1,014.06 crore, according to exchange data.
Foreign investors showed strong buying interest in Indian equities in May with over Rs 23,152 crore inflows in the first fortnight.
In Asia, bourses in Seoul, Tokyo, Shanghai and Hong Kong were trading in the green. European markets were mostly trading with gains. The US market closed with a slight decline on Friday.
Wholesale prices in India fell for the first time in nearly three years in April as softening global commodity prices eased food, fuel and other input costs for producers.
WPI inflation has been on a declining trend for the last 11 months and stood at (-) 0.92 per cent in April.
The BSE benchmark on Friday closed 123.38 points, or 0.20 per cent, higher at 62,027.90, its highest since December 12, 2022. The Nifty closed at 18,314.80, up 17.80 points or 0.1 per cent.
Meanwhile, global oil benchmark Brent crude climbed 0.24 per cent to $74.34 per barrel.