• Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
Cartographeum
No Result
View All Result

Sensex gains 2.3% on stimulus package hopes

Juliet Woodard by Juliet Woodard
September 26, 2020
Home Business
Share on FacebookShare on Twitter

Expectations of a stimulus package from the government ahead of the festive season propped up market sentiment as benchmark indices gained more than 2% on Friday after plunging almost 3% a day earlier.The S&P BSE Sensex gained 835 points, or 2.28%, to 37,388.66. Top gainers included Bajaj Finserv, HCL Technology, Bharti Airtel, IndusInd Bank and L&T. All the stocks in the 30-share Sensex reported gains.The NSE Nifty 50 also rose 245 points, or 2.26%, to 11,050.“The equity markets recovered quite a bit of lost ground from the previous day,” Dr. Joseph Thomas, head of research, Emkay Wealth Management, said. “Expectations of a further fiscal package from the government ahead of the festival season is a factor that may endow the markets with some strength.”Stating that rising volatility was a sign of caution, Nirali Shah, senior research analyst, Samco Securities, said, “The market is now trying to impersonate the grim ground-level realities by reacting sharply to any negative global clues.” “Markets are expected to remain under pressure in anticipation of immense liquidity being sucked out as long as the IPO party is still on… Investors should be wary of subscribing to IPOs and should look at some only from a listing gains perspective,” Ms. Shah said.

A letter from the Editor
Dear subscriber,Thank you!Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.Suresh Nambath

Tags: gainssensexstimulus package
Juliet Woodard

Juliet Woodard

Next Post
Vi Offering 1GB Free Data for 7 Days to Select Users

Vi Offering 1GB Free Data for 7 Days to Select Users

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Citizen CZ Smart Launched, the Japanese Watchmaker

Citizen CZ Smart Launched, the Japanese Watchmaker’s First Smartwatch

November 18, 2020
Standardised covers help you compare apples with apples

Standardised covers help you compare apples with apples

November 8, 2020

Trending.

Understanding Emergency Rental Assistance For Landlords And Tenants

Understanding Emergency Rental Assistance For Landlords And Tenants

January 27, 2021
Call of the mall – The Hindu

Call of the mall – The Hindu

October 16, 2020
Facebook Bars Deceptive Campaign From Pro-Trump Group

Facebook Bars Deceptive Campaign From Pro-Trump Group

October 10, 2020
Redmi 9, Oppo A53 2020, More Phones Launching in India Next Week

Redmi 9, Oppo A53 2020, More Phones Launching in India Next Week

August 21, 2020
Resident Evil Reboot Set for 2021, Casts Marvel, Umbrella Academy, Maze Runner Stars for Origin Story

Resident Evil Reboot Set for 2021, Casts Marvel, Umbrella Academy, Maze Runner Stars for Origin Story

October 11, 2020

Cartographeum brings you the latest information about Tech,Real Estate & Business.

Follow Us

Categories

  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
  • Uncategorized

Tags

Amazon Apple Watch 2 Bombay stock exchange BSE Business Buying Guides china closing trade coronavirus Covid COVID-19 currency dollar rate economy Finance Ministry foreign exchange forex gold india indian economy Indian stock market Industry iOS 10 lockdown luxury homes market and exchange markets nifty Nirmala Sitharaman NSE oil pandemic Playstation 4 Pro rbi real estate Reserve Bank of India rupee rupee rate Rupee value rupee vs dollar sensex Sillicon Valley stock exchange Stocks USD

Recent News

Contemporary Lakefront Estate In Austin, Texas Sells For A Record Price Tag

Contemporary Lakefront Estate In Austin, Texas Sells For A Record Price Tag

March 4, 2021
Rhode Island Company Turns Shipping Containers Into Accessory Dwelling Units

Rhode Island Company Turns Shipping Containers Into Accessory Dwelling Units

March 4, 2021
  • Privacy Policy
  • About Us
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Review
  • Computers
  • Gear

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.