Equity benchmarks, the latest component of Saturday’s special trade consultation on corporate notes, extended gains for a third straight day amid the inflow of foreign funds.
The BSE Sensex index, made up of 30 shares, traded 68. 17 issues at 73,978. 71. NSE Nifty traded 28. 20 more issues at 22,493. 10.
The National Stock Exchange (NSE) and BSE announced on 7 May that they would hold a special trade consultation on the equity and equity derivatives segments on 18 May to check their readiness to deal with primary or main site disruptions.
The special live business query will include an intraday failover from number one (PR) to crisis recovery (DR) set
In separate circulars, the two exchanges indicated that there would be two sessions: the first from 9:15 a. m. to 10:00 a. m. from the PR and the one from 11:30 a. m. to 12:30 p. m. from the PR. from the DR site.
Among the parties, Sensex, Nestlé, Power Grid, IndusInd Bank, Tata Steel, Tata Motors and State Bank of India were the most sensible winners.
JSW Steel, Mahindra
Wall Street closed higher on Friday.
“The Dow Jones Industrial Average rose to 40,000 for the first time, buoyed by optimism about a weaker-than-expected April inflation report, which raised bets on an interest cut through the Federal Reserve in September.
“This positive sentiment extends to Indian markets, where Nifty is likely trading between 22,000 and 22,500, facing resistance at 22,500 and 22,000,” said Prashanth Tapse, senior vice president (research) at Mehta Equities Ltd.
Foreign institutional investor (FII) buyers on Friday after days of incessant outflows. They bought shares worth 1,616. 79 crore rupees on Friday, according to stock exchange data.
“The final Dow Jones in record territory above 40,000 will continue to supply global equity markets. A significant trend now is that FIIs went long yesterday, which is taking pressure off the markets,” said VK Vijayakumar, chief investment strategist at Geojit. Financial services.
The BSE core index rose 253. 31 points, or 0. 34 per cent, to 73,917. 03 on Friday. The NSE Nifty rose 62. 25 points, or 0. 28 per cent, to 22,466. 10.
Earlier on March 2 (Saturday), the BSE and NSE held a special consultation on the equity and equity derivatives segments.
Usually, the relocation to the Dominican Republic is done to ensure business continuity in the event of a major outage or a disruption at number one.
(This story was not edited by Devdiscourse staff and is automatically generated from a syndicated feed. )