Sensex jumps over 200 factors in early commerce; Nifty tops 14,750 |

Featured

2 min read

A 32-year-old man was allegedly tied to a tempo and dragged for half a kilometre by his brother-in-law earlier than being rescued by passersby in...

1 min read

Agriculture Minister pays tribute to Bharat Ratna Nanaji Deshmukh, Bhopal: Minister, Minister, Patel, attended the packages organized in Chitrakoot Bhopal: Saturday, February 27, 2021, 21:16...

3 min read

“There are so many women in so many places who are continuously fighting for their rights, whose voices have not been raised to a high...

4 min read

Graham Reid, the chief coach of India’s hockey workforce, refers to a ‘wellness report’: a type of health and happiness index that he and Robin...

4 min read

Do you agree that the artwork of enjoying spin in difficult circumstances is all however gone? Not solely spin, countering seam additionally. Batsmen nowadays fairly...

February 27, 2021

News at Another Perspective

Sensex jumps over 200 factors in early commerce; Nifty tops 14,750

2 min read
Sensex jumps over 200 points in early trade


https://www.ispeech.org/text.to.speech

Image Source : PTI jumps over 200 factors in early commerce
Equity benchmark Sensex jumped over 200 factors within the opening session on Wednesday monitoring good points in index majors , , and , regardless of weak pattern in international markets. The 30-share BSE index was buying and selling 207 factors or 0.42 % increased at 49,958.41.
Similarly, the broader was quoting 69.35 factors or 0.47 % up at 14,777.15.
Axis Bank was the highest gainer within the Sensex pack, rising round 2 %, adopted by Bajaj Finance, SBI, Reliance Industries, ONGC, and ExtremelyTech Cement.
On the opposite hand, TCS, PowerGrid, Infosys, HUL, and Tech Mahindra had been among the many laggards.
In the earlier session, Sensex ended 7.09 factors or 0.01 % increased at 49,751.41, and settled 32.10 factors or 0.22 % up at 14,707.80.
Foreign institutional buyers (FIIs) had been web sellers within the capital market as they offloaded shares value Rs 1,569.04 crore on Tuesday, as per alternate knowledge.

Domestic equities look to be good in the mean time regardless of blended cues from Asian markets, stated Binod Modi Head-Strategy at Reliance Securities.
"FIIs turning net sellers for last two days can be a reason to worry in the near term. However, we continue to believe that FIIs flow should be favourable in the medium to long-term perspective as underlying strength of Indian equities remains intact," he added.
US equities witnessed a pointy reversal from preliminary losses and completed largely increased as Fed Chairman Jerome Powell continued to sound dovish in his testimony.
Powell vowed to maintain financial coverage accommodative and gave no indication that rising bond yields or the potential for increased inflation would make the Federal Reserve start reining in its efforts to help the financial system, Modi famous.
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul, and Tokyo had been buying and selling on a damaging notice in mid-session offers.
Meanwhile, the worldwide oil benchmark Brent crude was buying and selling 0.56 % decrease at USD 64.12 per barrel. 
ALSO READ | Sensex tanks 435 factors; Nifty provides up 15,000
Latest Business