Pakistan's external debts rise by 3.6 pc: central bank, President Yoweri Museveni sworn in for historic seventh term in Uganda, Government says sufficient stocks of petrol and diesel available across country,

Last hour buying pushes Nifty above 19600, Sensex jumps 100 pts

The Indian equity market indices extended their winning run for the fourth consecutive session in a row on Wednesday in tandem with weak global cues and foreign fund outflows.At close,the Sensex was up 100.26 points or 0.15 percent at 65,880.52, and the Nifty was up 36.15 points or 0.18 percent at 19,611.05.
Stocks and Sectors
Tata Consumer Products, Divis Laboratories, Bharti Airtel, Cipla and HDFC Bank were the top gainers on the Nifty, while losers included Axis Bank, Hindalco Industries, Tata Steel, ICICI Bank and NTPC.
On the sectoral front, FMCG index rose 1 percent, while pharma, oil & gas and power indices gained 0.5 percent each. On the other hand, metal, realty and bank indices down 0.4-1 percent.The BSE midcap and smallcap indices ended on a flat note.
On 6 Sep'23,the Indian rupee depreciated by 10 paise and settled for the day at an all-time low of 83.14 against the US dollar, weighed down by a surge in crude oil prices and strong American currency.
Forex traders said the Indian rupee depreciated on Wednesday as the US dollar rose to the highest levels in six months. Moreover, elevated crude oil prices also weighed on rupee.
Experts Take: 
Market experts have recommended five stocks to buy for Wednesday- JSW Steel, United Breweries, Bikaji Food International, Jain Irrigation Systems, Tech Mahindra, and CreditAccess Grameen.

(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.

Food & Lifestyle

Eggs are good source of protein: Eggs helps us to lose weight, optimizing bone health and lowering blood pressure due to its protein content.

Read More

Crime

The NIA has arrested wanted narco-terrorist Iqbal Singh @ Shera after successfully securing his extradition from Portugal.

Read More

Opinion

India produces 1.5 million engineering graduates annually. Yet the India Skills Report 2025 pegs B.Tech employability at just 71%.

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.