Both the Nifty and the Sensex began the trading day on a flat note. The Nifty opened at 25,213.50 and the Sensex opened at 81,762.27. Sectoral indices traded mixed in early trade. The Indian rupee opened at 93.73 to the dollar versus Wednesday's close of 93.69 to the dollar. Crude oil prices fell over 1 percent, with Brent crude trading below 92 dollars per barrel (at the time of filing this copy) on hopes of progress in the US-Iran and Russia-Ukraine peace talks.
\n\nIn the previous session, stock markets gained for the second straight day on Wednesday. The Sensex rallied 772 points to hit a near nine-month high and the Nifty closed above 25,250, aided by foreign fund inflows, better-than-expected Q2 results and a sustained moderation in crude oil prices. The 30-share BSE Sensex rallied 772.75 points, or 0.95 per cent, to settle at 81,879.40, a level not seen since February 26. During the day, it jumped 1,413.75 points, or 1.74 per cent, to 82,520.40. The 50-share NSE Nifty closed 210.40 points, or 0.84 per cent, higher at 25,255.05, the highest in nearly nine months. Foreign Institutional Investors (FIIs) bought equities worth Rs 7,212.22 crore on Monday, according to exchange…
Original source: https://www.timesnownews.com/lifestyle
