Sensex ends above 38,000 as banking, finance stocks soar

Date:

The 30-share BSE Sensex ended 136.81 points up at 38,024.37, on Thursday, while the broader Nifty 50 ended 21.60 points higher at 11,471.60, as banking and finance stocks soared.

ALSO READ: China imposes retaliatory tariffs on US imports, alleges ‘mobster mentality’

RBI’s decision to transfer Rs 50,000 crore of surplus to the Indian government, seems to have led to a buoyancy in the stock markets. In intraday trade, the Sensex rose 188.67 points to a new all time high of 38,076.23 and the Nifty 50 rose 45.2 points to a fresh record high of 11,495.20.

Click here for Latest News updates and viral videos on our AI-powered smart news genie

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Shatrughan Sinha To Take On BJP’s S Ahluwalia From West Bengal’s Asansol Constituency

The Bihari Babu of the Indian film industry, Shatrughan Sinha joined TMC in 2022 after a brief stint in the Congress

Lok Sabha Elections: Congress Chief Kharge To Visit Uttar Pradesh On May 14

During his visit, the Congress chief will address a public rally in Maharajganj Lok Sabha constituency in support of party candidate Virendra Choudhary

“We Are Making Sure This Doesn’t Repeat”: Maldivian Foreign Minister Over Ministers Derogatory Remarks On PM Modi

Following derogatory remarks against Prime Minister Narendra Modi, Maldives Deputy Youth Ministers Mariyam Shiuna, Mahzoom Majid and Malsha Shareef have been suspended indefinitely

IPL 2024: All-Round RCB Eliminate PBKS From Tournament Following 60-Run Win

RCB is in the seventh spot with five wins and seven losses, with 10 points. PBKS is in ninth place, with four wins and eight losses, a total of eight points. Punjab is out of the tournament