Sensex, Nifty hit all-time high levels in special live trading session


PTI, Mar 2, 2024, 10:14 AM IST

Equity benchmark indices Sensex and Nifty hit fresh all-time peaks in a special trading session on Saturday, extending their previous day’s sharp rally, amid impressive GDP data and foreign fund inflows.

Leading stock exchanges BSE and NSE are conducting a special trading session in the equity and equity derivative segments on Saturday to check their preparedness to handle major disruption or failure at the primary site.

The special live trading session will have intra-day switch over from Primary Site (PR) to Disaster Recovery (DR) site.

The 30-share BSE Sensex climbed 236.77 points to reach its all-time high of 73,982.12 in early trade. The Nifty went up by 81.5 points to hit its record peak of 22,420.25.

There will be two trading sessions — the first from 9:15 am to 10 am on the PR, and the second from 11:30 am to 12:30 pm on the DR site, according to the exchanges.

”Trading members are requested to note that the exchange will conduct a special live trading session with intraday switch over from Primary Site (PR) to Disaster Recovery Site (DR) on Saturday, March 2, in equity and equity derivatives segments,” BSE and NSE said in separate circulars.

Among the Sensex firms, Tata Steel, Larsen & Toubro, Tata Motors and State Bank of India were the major gainers.

Mahindra & Mahindra, Titan, ICICI Bank and NTPC were among the laggards.

India’s economy grew by better-than-expected 8.4 per cent in the final three months of 2023 — the fastest pace in one-and-half years.

The US markets ended with gains on Friday.

India’s manufacturing sector growth climbed to a five-month high in February amid a sharper uptick in factory production and sales, supported by both domestic and external demand, a monthly survey said on Friday.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from 56.5 in January to 56.9 in February, pointing to the strongest improvement in the health of the sector since September 2023.

Foreign Institutional Investors (FIIs) bought equities worth Rs 128.94 crore on Friday, according to exchange data.

The BSE benchmark jumped 1,245.05 points or 1.72 per cent to reach 73,745.35 — its all-time closing peak. The Nifty climbed 355.95 points or 1.62 per cent to settle at a new closing high of 22,338.75.

Global oil benchmark Brent crude climbed 2 per cent to USD 83.55 a barrel.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Surprised and saddened by Deve Gowda’s statement: Siddaramaiah

Rama Navami: ‘Ayodhya prepares for grand festivities’

No way to hide when your confidence is low: Faf du Plessis

Travis Head guides SRH to record IPL total of 287/3 against RCB

Congress files EC complaint over Modi’s ‘Sultan of Tukde Tukde gang’ remarks at Mysuru rally

Constitutional institutions not personal property of PM Modi, says Rahul Gandhi

SC notice to ED on Arvind Kejriwal’s plea against arrest in money laundering case

Related Articles More

Tesla is planning to lay off 10 of its workers after dismal 1Q sales, multiple news outlets report

With just Rs 150 base airfare take a 50-minute flight

Byju’s founder Raveendran to take over firm’s daily operations after CEO Mohan’s resignation

Sensex, Nifty tank 1% as markets plunge after US inflation dashes rate cut hopes

Mumbai police arrest close aide of Cox Kings owner in Rs 400-crore bank fraud case

MUST WATCH

Aura Cake shop in udupi

What are the features of Xylys Watch

Theft in a rented house @ Dandeli

World Sparrow Day

Sri Vishwaprasanna tirtha swamiji


Latest Additions

‘Paddana Kogile’ Gidigere Rammakka passes away

Five Karnataka HC additional judges made permanent judges

Surprised and saddened by Deve Gowda’s statement: Siddaramaiah

Rama Navami: ‘Ayodhya prepares for grand festivities’

Moodbidri: 15-year-old girl succumbs to brain fever

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.