ANI
24 Jan 2023, 10:25 GMT+10
Mumbai (Maharashtra) [India], January 24 (ANI): The domestic markets on Tuesday opened with gains and continued with Monday rally, tracking strong global cues. Corporate earnings during the last week also strengthened investors' sentiments.
Key domestic market indices BSE Sensex surged 169 points to 61,111.48 at 9.20 am while Nifty went up 56 points to 18,167.45 at 9.20 in the morning.
The stocks that were gaining the most in the morning included JM Financial, J and L Bank, Credit ACC, VST Industries and 360 One Wam. Gland, Sapphire, National Standard and Rajratan were among the laggards on BSE during the morning session.
Maruti Suzuki, CarTrade, SBI Card and UCO Bank are some of the stocks which might declare their earnings today.
Most of the key indices in global markets were trading in the green when the domestic markets opened in the morning. In Asian markets, Japan's Nikkei was up 428 points, Hong Kong's Hang Seng and China's Shanghai were closed for Chinese Lunar New Year.
In European markets, FTSE rose 14 points, CAC was trading in the green, Deutsche surged 69 points while Refinitiv Europe was also trading in the green.
In the US markets, Dow Jones surged 254 points, Nasdaq was up 223 points, SP rose 47 points while Refinitiv United States was up 4 points.
On Monday, BSE Sensex had advanced 319.90 points to 60,941.67. The Nifty 50 index added 90.90 points to 18,118.55.
Reliance Industries on Monday dipped 0.54 per cent. On a consolidated basis, net profit of RIL declined 2.8 per cent to Rs 15,792 crore on 17.4 per cent increase in net sales to Rs 2,17,164 crore in the third quarter over Q3 December 2021. RIL reported an exceptional income of Rs 2,836 crore in the third quarter.
Kotak Mahindra Bank shares surged 1.13 per cent. The bank has reported net total income of Rs 7,753 crore in October-December from Rs 5,698 crore in the year-ago period. Profit after tax rose to Rs 2,792 crore from Rs 2,131 crore.
UltraTech Cement shares tumbled 4.62 per cent on Monday. The cement maker has reported consolidated profit after tax of Rs 1,058 crore in the December quarter from Rs 1,173 crore in Q3 FY22. (ANI)Get a daily dose of Long Beach Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Long Beach Star.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...