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Thursday, August 11, 2022

Market Highlights: Sensex surges 814 points as Economic Survey pegs FY23 growth at 8-8.5%

Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 58,014.17, up 813.94 points (1.42 per cent), while the Nifty 50 settled at 17,339.85, up 237.85 points (1.39 per cent).

By: Express Web Desk | New Delhi |
Updated: January 31, 2022 6:17:35 pm
stock markets, Sensex, equity schemes, Passive funds, India news, Indian express, Indian express news, current affairsThe rupee, meanwhile, fell to a record low for a second time this week, hitting 77.63 against the dollar in intra-day trade. The currency, however, made a partial recovery to settle at 77.50. (Express archive photo)

Share/Stock Highlights: The benchmark equity indices on BSE and National Stock Exchange (NSE) climbed nearly 1.5 per cent on Monday after the Economic Survey 2021-22 tabled in Lok Sabha pegged the Indian economy to grow at 8.0-8.5 per cent in the financial year 2022-23 (FY23).

The S&P BSE Sensex rose 813.94 points (1.42 per cent) to settle at 58,014.17 while the Nifty 50 climbed 237.90 points (1.39 per cent) to end at 17,339.85. Both the indices had opened over 1 per cent higher earlier in the day and traded in the green throughout the session.

On the Sensex pack, Tech Mahindra, Wipro, Bajaj Finserv, Infosys, State Bank of India (SBI), Power Grid Corporation of India, Reliance Industries (RIL), Bajaj Finance and Dr. Reddy’s Laboratories were the top gainers on Monday. On the other hand, IndusInd Bank, Kotak Mahindra Bank and Hindustan Unilever (HUL) were the only laggards.

(with inputs from agencies)

Live Blog

Stocks, BSE Sensex, NSE Nifty, oil prices, gold, silver prices, commodity market and money markets live updates:

15:33 (IST)31 Jan 2022
Equity markets at close

The S&P BSE Sensex ended at 58,014.17, up 813.94 points or 1.42 per cent, while the Nifty 50 settled at 17,339.85, up 237.90 points or 1.39 per cent.

13:20 (IST)31 Jan 2022
FM Nirmala Sitharaman tables Economic Survey 2021-22 in Lok Sabha

Finance Minister Nirmala Sitharaman presented the Economic Survey 2021-22 in Lok Sabha. Click here for live updates 

11:47 (IST)31 Jan 2022
AGS Transact Technologies shares list on flat note

Shares of payment solutions provider AGS Transact Technologies Ltd on Monday made a flat market debut, listing at Rs 176 on the BSE, against the issue price of Rs 175.

The stock made its debut at Rs 176, registering a marginal gain of 0.57 per cent from the issue price on the BSE. It hit a high of Rs 181.85 and a low of Rs 168.05 during the morning trade. At the NSE, it made its debut at par with the issue price at Rs 175.


10:51 (IST)31 Jan 2022
Rupee gains 15 paise to 74.92 against US dollar in early trade

The rupee appreciated 15 paise to 74.92 against the US dollar in opening trade on Monday, supported by the recovery in domestic equities. However, the surge in the rupee was restricted amid elevated crude oil prices and firm American currency.

At the interbank foreign exchange, the rupee opened at 74.97 against the American dollar, then inched higher to quote 74.92, registering a rise of 15 paise from the last close. In the previous session, the rupee had settled at 75.07 against the greenback.


09:41 (IST)31 Jan 2022
What can Union Budget 2022-23 do to address the unemployment crisis in India?

Tomorrow, February 1, Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23.

At one level, the Union Budget is nothing but the annual financial statement of the central government — how much did it earn (and from what sources) in the financial year that is ending, how much did it spend (and on what), and what it plans to do in the next financial year with the revenues it expects to raise. Click here to read

09:37 (IST)31 Jan 2022
Global market update

Asian share markets made guarded gains on Monday ahead of a week that is likely to see a rise in UK interest rates and mixed reports on U.S. jobs and manufacturing, while surging oil prices add to worries over inflation.

Lunar New Year holidays made for thin conditions and MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.3% in slow trade. Japan's Nikkei bounced 1% from a 14-month trough, though local data on industrial output and retail sales undershot forecasts.

S&P 500 futures and Nasdaq futures were both flat, while EUROSTOXX 50 futures rose 1% and FTSE futures 0.6%.


09:30 (IST)31 Jan 2022
Sensex stocks in early trade

On the Sensex pack, gains in early trade were being led by Tech Mahindra, Wipro, Bajaj Finance, Asian Paints, Infosys and Bajaj Finserv. On the other hand, Larsen & Toubero (L&T), IndusInd Bank and NTPC were among the laggards.

Source: BSE
09:22 (IST)31 Jan 2022
Equity market at open

At 9:15 am, the Sensex was up 691.05 points (1.21 per cent) to trade at 57,891.28 in opening bell while the Nifty gained 196.55 points (1.15 per cent) at 17,298.50.

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09:20 (IST)31 Jan 2022
Good morning!

Welcome to the markets live blog by Indian Express.

The benchmark equity indices on BSE and National Stock Exchange (NSE) erased their day’s gains and ended with marginal losses on Friday big private banks.

The S&P BSE Sensex slipped 76.71 points (0.13 per cent) to end at 57,200.23 while the Nifty 50 dipped 8.20 points (0.05 per cent) to settle at 17,101.95. Both the indices had opened around 1 per cent higher earlier in the day and traded in the green for the bulk of session before giving it up and slipping in the red in late afternoon trade.

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First published on: 31-01-2022 at 09:17:29 am