Assembly Election Results 2022: The benchmark fairness indices pared a few of their morning features and have been buying and selling almost 2 per cent greater within the afternoon offers on Thursday, as international markets rebounded amid a quick drop in oil costs, with investor concentrate on election ends in 5 key states together with Uttar Pradesh the place Bharatiya Janta Party (BJP) is ready to retain management.
At 1:19 pm, the S&P BSE Sensex was buying and selling at 55,713.24, up 1,065.91 factors (1.95 per cent) whereas the Nifty 50 was up 307.20 factors (1.88 per cent) at 16,652.55. Both the indices opened round 2 per cent greater earlier within the day and inched in the course of the morning offers with the BSE benchmark hitting a excessive of 56,242.47 and the broader Nifty touching 16,757.30.
On the Sensex pack, IndusInd Bank, Bajaj Finserv, Axis Bank, SBI, HUL, ICICI Bank, Maruti, Bajaj Finance HDFC Bank and Kotak Mahindra Bank have been the highest gainers within the afternoon commerce whereas Tech Mahindra and Dr. Reddy’s Labs have been the laggards.
(with company inputs)