India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

Stock Market: Nifty jumps 150 points to reclaim 18K, Sensex closes in on 61,112.44

The Indian equity indices surged on the last trading day of the week after opening with minor gains earlier in the day. Amid global market sentiments following the release of US GDP quarterly growth data, Indian stock market closed higher for the fourth straight day on Friday. 
At close, the Sensex was up 463.06 points, or 0.76 percent, at 61,112.44 and the Nifty gained 150 points, or 0.84 percent, at 18,065..
For the week, the Sensex and the Nifty gained 2.5 percent each, their best weekly gains in nine months, according to reliable sources..
Stocks and Sectors
BAJAR GUPSHUP-Adani Enterprises, Adani Ports, Britannia Industries, Wipro and Nestle India were among the top gainers on the Nifty. Axis Bank, ONGC, HCL Technologies, JSW Steel and Titan Company lost the most in the Nifty pack, according to sources.
On sectoral front,all indices ended in the green. Capital goods, infra, power, PSU bank and information technology were up a percent each, according to sources.
BSE midcap and smallcap indices were up 1 percent each.
On 28th April'23 the rupee falls 3 paise to close at 81.82 against US dollar, according to sources.
The market will be shut on May 1 on account of Maharashtra Day.
 Experts Take:
Market experts have recommended six buy or sell stocks for Friday— UPL, JSW Steel, Reliance, HCL Technologies, M&M and Tata Consumer Products.
 
(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)
 

Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Related Items

  1. Market snap 5 day winning run,Sensex down 607 pts, Nifty at 24,013

    Full Story

  1. Modi reaches Slovakia on first-ever Indian PM visit since 1993

    Full Story

  1. 14 Indian crew evacuated from vessel off Oman coast

    Full Story

My Cartoon


image1


Photos

Food & Lifestyle

Avocado: A heart-smart ingredient worth adding to your plate

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

Digital arrest scam: CBI raids 80 locations, 2 nabbed

The CBI launched Operation Chakra-VI and conducted searches at more than 80 locations across 16 states to crackdown on cybercrime networks.

Read More

Opinion

Greer’s India trip boosts Trump-Modi trade deal momentum

The India-US economic relationship appears to be entering a crucial phase, with both sides moving toward the “final touches” on an interim trade agreement after months of difficult negotiations.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.