Sensex advances over 110 points on buying in private banks, foreign fund inflows

From the 30-share Sensex pack, HDFC Bank, Bajaj Finserv, NTPC, Titan, Tata Consultancy Services, Tech Mahindra, Bajaj Finance, and ICICI Bank were the biggest gainers. File
| Photo Credit: Reuters

Benchmark Sensex advanced 110 points on Wednesday (December 4, 2024), extending its gains to the fourth day in a row, helped by buying in HDFC Bank, ICICI Bank and fresh foreign fund inflows.

The 30-share barometer rose by 110.58 points, or 0.14%, to settle at 80,956.33. During the day, it jumped 399.64 points, or 0.49%, to 81,245.39.

The National Stock Exchange (NSE) Nifty rose marginally by 10.30 points, or 0.04%, to 24,467.45.

From the 30-share Sensex pack, HDFC Bank, Bajaj Finserv, NTPC, Titan, Tata Consultancy Services, Tech Mahindra, Bajaj Finance, and ICICI Bank were the biggest gainers.

Bharti Airtel, Tata Motors, Adani Ports, Power Grid, Maruti, ITC, Reliance Industries, and UltraTech Cement were among the laggards.

Foreign institutional investors turned buyers on Tuesday (December 3, 2024) as they bought equities worth Rs 3,664.67 crore, according to exchange data.

Among Asian markets, Tokyo settled higher while Seoul, Shanghai, and Hong Kong ended lower. European markets were trading mostly higher. U.S. markets ended mostly in the positive territory on Tuesday (December 3, 2024).

India’s services PMI slipped to 58.4 in November while employment in the segment recorded robust growth, a monthly survey said on Wednesday (December 4, 2024).

Global oil benchmark Brent crude firmed up by 0.34% to $73.91 a barrel.

The Bombay Stock Exchange (BSE) benchmark Sensex jumped 597.67 points, or 0.74%, to settle at 80,845.75 on Tuesday (December 3, 2024). The Nifty went up by 181.10 points or 0.75%, to 24,457.15.