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Sensex Rebounds 362 Points, Ends Four-Day Losing Streak
India’s main stock market index, the Sensex, rose on Friday.
It gained about 363 points by the end of the day.
This ended four days of falling prices.
The index climbed even more during the day before giving back some gains.
The Nifty, another major market index, also increased slightly.
Shares of metal, private banking, and oil and gas companies attracted buying.
Global stock markets were also higher.
Overall, investors ended the session with modestly positive results.
The 30-share BSE Sensex gained 362.57 points, or 0.48%, to close at 76,515.43.
The Sensex rose as much as 730.28 points during the session, reaching 76,883.14.
Twenty Sensex constituents finished higher, while 10 ended with losses.
The NSE Nifty advanced 24.25 points, or 0.10%, to settle at 23,897.70.
Buying in metal, private banking, and oil and gas shares helped lift the market amid gains in global stocks.
- Who
- The BSE Sensex and NSE Nifty, along with investors buying metal, private banking, and oil and gas shares.
- What
- The Sensex rebounded 362.57 points and the Nifty rose 24.25 points.
- Where
- The Indian stock market.
- When
- Friday; the report was published at 18:40.
- Why
- Buying in metal, private banking, and oil and gas shares, along with gains in global stock markets, supported the rebound.
Key facts
- Sensex close
- 76,515.43
- Sensex change
- Up 362.57 points, or 0.48%
- Sensex intraday high
- 76,883.14
- Nifty close
- 23,897.70
- Nifty change
- Up 24.25 points, or 0.10%
- Sensex constituents
- 20 gained and 10 declined
- Market streak
- The Sensex snapped a four-day losing streak
Sources
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