Sensex makes biggest gain in 1st session of fiscal year – Times of India

MUMBAI: Financials and RIL helped the sensex make robust positive factors on Friday, the primary buying and selling session of the brand new fiscal, with the index closing 708 factors up at 59,277, almost a two-month closing excessive. It was additionally the very best acquire for the sensex on the primary buying and selling day of a fiscal. The day’s session began on a muted observe however the main indices gained by the session to shut close to the day’s excessive of 59,397.
Friday’s positive factors had been boosted by a Rs 1,910-crore internet shopping for by foreign funds, BSE information confirmed. Alternatively, home funds had been internet sellers at Rs 184 crore. The positive factors got here regardless of a weak US market on Thursday.

Market gamers anticipate the geopolitical tensions in Europe, rising crude costs, inflation trajectory, the monsoon forecast for the yr and the quarterly numbers which can be anticipated by the month would dictate the market’s trajectory for the subsequent few weeks.

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