People walk past an electronic signage displayed at the Bombay Stock Exchange (BSE). , Photo Credit: PTI
Equity benchmark Sensex climbed over 460 points to reclaim the 61,000-mark, while Nifty closed above 18k level on April 28, driven by strong buying amid fresh foreign fund inflows into Reliance Industries and ITC .
Rallying for the fifth straight session, the 30-share BSE Sensex jumped 463.06 points, or 0.76%, to close at 61,112.44. During the day, it gained 560.08 points, or 0.92%, to 61,209.46.
The broader NSE Nifty ended 149.95 points or 0.84% higher at 18,065.
Wipro was the biggest gainer in the Sensex pack, rising 2.89%, followed by Nestle, State Bank of India, Larsen & Toubro, ITC, Tech Mahindra, Reliance Industries, Kotak Mahindra Bank and Bajaj Finance.
In contrast, Axis Bank, HCL Technologies, Titan, Hindustan Unilever, Bajaj Finserv and ICICI Bank were the major laggards, falling up to 2.39%.
In the Asian markets, Seoul, Japan, Shanghai and Hong Kong closed in the green.
Europe’s stock markets were trading with a decline. US markets closed with a good gain on Thursday.
On Thursday, the BSE benchmark closed 348.80 points or 0.58% higher at 60,649.38. The Nifty closed at 17,915.05, up 101.45 points or 0.57%.
Meanwhile, global oil benchmark Brent crude climbed 0.45% to $78.72 per barrel.
Foreign institutional investors (FIIs) were the buyers on April 27 as they bought equities worth Rs 1,652.95 crore, according to exchange data.