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Sensex up 996 pts, Nifty near 24,600 intraday: Why markets rose on Friday?

Business Standard LogoBusiness Standard2w ago

Sensex up 996 pts, Nifty near 24,600 intraday: Why markets rose on Friday? - Business Standard

Quick Summary:

The 2-year Treasury yield pulled back 11.9 basis points to 4.511 per cent.

The BSE Sensex, for instance, soared 996 points, or 1.2 per cent, to hit an all-time high of 80,893.5.

This comes after the stock market indices rallied over 1 per cent in the intraday trade.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-12 @ 11:58:25 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 642 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21581951

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 101 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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