BSE
Sensex closed higher by 164 points, or 0.56%, to 29,332, while the
NSE Nifty rose 55.85 points to 9,086.30. Sensex rose today tracking
a recovery in global markets with energy shares leading the gains,
whereas financial and auto shares bounced back. Key indexes had on
Wednesday clocked their highest intraday loss in over 2 months,
boosted by a slump on the Wall Street due to a lack of clarity in
Trump’s economic policies. U.S shares picked up on Wednesday while
Asian stocks rose on Thursday, taking signals from gains on Wall
Street.
Share
price of NTPC finished on an cheerful note, up 2.3%, after the
company reported seeking to buy the federal government's stake in
hydro-power producer SJVN Ltd. to increase the share of
non-fossil fuel generation capacity.
Share
price of Cairn India surged 2.7% after the government approved a
policy for extending the term of more than two dozen oil & gas
production contracts signed in a bid to bolster energy security. The
move is expected to obtain an additional investment of about USD 5.43
billion.
The
rupee was trading at Rs 65.42 against the US Dollar in the
afternoon session. Oil prices were trading at US Dollar 48.35 at
evening.
• NHPC in power purchase pact with 7 power stations for 35 years.
ReplyDelete• Union Bank of India sells entire 5% stake in TransUnion CIBIL for Rs191 cr.
• ABNL has transferred entire 51% stake in Birla Sun Life to AB Fin Svcs
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