Mumbai:
The process of boom in the local stock market continued for the fourth day on Friday and the BSE Sensex rose 741 points while NSE Nifty crossed 23,500 levels. The market was supported by the adaptation of Larsen & Toubro’s third quarter and anticipating the increase in the budget to increase the budget. The BSE’s 30 -share standard index Sensex closed at 77,500.57 points with a gain of 740.76 points, or 0.97 percent. At one time it climbed 846.15 points during business.
The National Stock Exchange index Nifty also closed at 23,508.40 points with a gain of 258.90 points, or 1.11 percent. At one time it climbed to 297.3 points during the business.
6.8 percent economic growth rate estimates
The Economic Review presented in Parliament on Friday 2024-25 estimated that the country’s economic growth rate with strong foundation, intelligent fiscal strength and personal consumption continues, 6.3 percent to 6.8 percent in FY 2025-26, 6.3 percent to 6.8 percent in FY 2025-26 Can live
Among the Sensex companies, Larsen and Toubro shares strengthened 4.31 percent. The infrastructure and engineering company’s integrated profit increased by 14 percent to Rs 3,359 crore. The company’s profit has increased mainly due to increasing income.
Shares of these companies climbed in the stock market
Nestle’s stock also increased by 4.25 percent. In the quarter ended December 31, 2024, the company’s net profit increased by 4.94 percent to Rs 688.01 crore.
Apart from this, IndusInd Bank, Titan, Tata Motors, Tata Steel, ITC and Maruti were also prominently profitable.
On the other hand, ITC Hotels, Bharti Airtel, Bajaj Finserv, Bajaj Finance and ICICI Bank were in disadvantage.
In the month of January, the BSE Sensex lost 638.44 points while the Nifty fell by 136.4 points.
This is the condition of world markets
In other markets of Asia, Japan’s Nikki was in profit while South Korea’s cospy was in loss. At the same time, the Shanghai Composite Index in China and Hong Kong’s Hangseng remained closed due to holiday.
Major markets of Europe accelerated during trading. The American markets were in the lead on Thursday.
According to the stock market data, foreign institutional investors sold shares worth Rs 4,582.95 crore on Thursday.
Global oil standard brent crude fell 0.26 percent to $ 76.64 per barrel.
The BSE Sensex rose 226.85 points on Thursday while NSE Nifty was in a profit of 86.40 points.
The Union Budget of 2025-26 will be presented on Saturday. Due to this, the stock markets will be open on Saturday.
(Apart from the headline, this news has not been edited by the NewsDeskReport team, it has been published directly from the syndicate feed.)