Saudi Arabia announces to cut oil production by 1 million barrels per day in July, Defectors from ex-Pak PM Imran Khan's party form new outfit, Nearly 4,000 People In US Lost Their Jobs In May Because Of AI, Monsoon misses onset date in Kerala, IMD says conditions becoming favourable,Actor Gufi Paintal of 'Mahabharat' fame dies at 79,Gangster-politician Mukhtar Ansari gets life term for 1991 murder, 2 CRPF jawans injured in IED blast in Chhattisgarh's Bijapur,

Stock market indices ended on a positive note amid weak global cues

The Indian equity indices recovered from the day's low to end higher on Thursday,withstanding weak global cues amid worries over the US economy and a possible default on US government debt.
At close, the Sensex was up 98.84 points or 0.16% at 61,872.62, and the Nifty was up 35.75 points or 0.20% at 18,321.15.
 Stocks and Sectors
Bajaj Auto, Adani Enterprises, Bharti Airtel, ITC and Divis Laboratories were among the biggest gainers on the Nifty, while Wipro, Tata Motors, UPL, Sun Pharma and HDFC were among the big losers, according to reliable sources.
On sectoral front,all indices ended in the green except metal and PSU Bank.The realty index was up a percent, while auto, capital goods, FMCG and power gained 0.5 percent each.
The BSE midcap index rose 0.36 percent and the smallcap index added 0.27 percent, according to estimates.
On 25th May'23,the Indian rupee falls 7 paise to close at 82.75 against the US dollar.
 Experts Take:
Market experts have recommended 6 buy or sell stocks for Thursday —Coal India, JK Tyre, Tata Power, Suzlon Energy, LIC Housing Finance, and Laurus Labs.
(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

Celebrity chef, TV show judge, author and food stylist, Ranveer Brar's passion for food has driven him to every nook and corner of the world.

Read More


The ED has arrested an IRS officer of the Income Tax department in a money laundering investigation linked to a Rs 30 lakh bribery case 

Read More


A major concern and apprehension once ChatGPT was launched was how it would impact work place.

Read More