New Delhi: The equity index surged on Thursday with BSE Sensex benchmarks up more than 600 points led by advantages in metal, realty and financial stocks.
The 30-share BSE index jumped 639 points or 1.22 percent to close at 52,837; While the wider NSE settled 193 points or 1.23 percent higher at 15,824.
The top enhancer in the sensex package includes Mahindra technology, Bajaj Finance, Bharti Airtel, Bajaj Finserv, L & T and Tata Steel rose as much as 5.65 percent.
While Hul, Paint Asia, Bajaj Auto and M & M are the only ones that fall up to 2.3 percent.
On the NSE platform, all sub-indices have finished green with good metal, realty, financial services, and improvement in 2.99 percent.
“Although there are some pressure on the quality of assets, Bajaj Finance posted a fairly good number of numbers and their guidance for credit costs was quite encouraging,” Jyoty Roy, Vice President, research at Angel Broking told the Reuters news agency.
In front of the global, US equity recovered sharply in the last two days because of the strong profit reported by corporations and purchases in the decline in economic trends overshadowing fears related to the deployment of Delta Plus variants in various parts of the world, Modi added.
Meanwhile, investors foreign institutions (FIIS) are clean sellers in the capital market because they lowered the shares worth 2,834.96 crore on Tuesday, according to temporary exchange data.
(With input from agency)