Stocks To Watch: Reliance Industries, BHEL, JSW Infra And Others In News

Equity benchmark indices touched record highs on Thursday as buying in large-cap stocks like Infosys, Reliance Industries and TCS helped the markets extend gains to the fourth consecutive session.The BSE Sensex jumped 568.93 points or 0.72 per cent to settle at a new closing peak of 79,243.18 amid the expiry of monthly contracts in the derivatives segment. The NSE Nifty50 ended at a fresh record high of 24,044.50, rising 175.70 points or 0.74 per cent.“The benchmark indices exhibited bullish momentum, buoyed by expected revival in the IT sector and consolidation in the cement industry. However, the broader market remained sideways due to valuation concerns and FII selling owing to rising US bond yields,” said Vino Nair, Head of Research at Geojit Financial Services.“Meanwhile, the US market put up a mixed performance, with investor sentiment remaining cautious ahead of key US data releases for the week, including the PCE price index, which could provide new impetus for rate cuts,” he added.

Buy cryptocurrency

Source link

Refer And Earn Demat Account – Get ₹300 | Referral Program

Open Demat Account In Angel One For FREE