Markets end in green as Sensex rises by 428 points; Nifty up by 122 points

Meanwhile, the rupee slipped 13 paise to hit its intra-day record low of 77.81 against the US dollar on Thursday, weighed down by elevated crude oil prices and persistent foreign capital outflows.

Published on: Jun 9, 2022, 15:39:00 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

The 30 stock S&P BSE Sensex on Thursday ended session at 55,320.28, up by over 427.79 points. The broader Nifty 50 of the National Stock Exchange closed session at 16,478.10 - up by 121.85 points.

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India. (File image) (REUTERS)

Earlier, the Sensex started the day in the red at 54,514.17 points and slumped to a low of 54,507.41 points in the early morning trade. The Sensex turned positive in the late morning session rising to a high of 55,010.89 points.

The Reserve Bank of India (RBI) on Wednesday hiked policy repo rate by 50 basis points to tame inflation. This has dampened the investors' sentiments.

Meanwhile, the rupee slipped 13 paise to hit its intra-day record low of 77.81 against the US dollar on Thursday, weighed down by elevated crude oil prices and persistent foreign capital outflows.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.