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SENSEX jumps 700 pts, NIFTY50 above 23,550 on positive global cues; Castrol India zooms 9% after Q4 results
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2 min read | Updated on February 04, 2025, 11:59 IST
SUMMARY
At 09:40 AM, the S&P BSE SENSEX was trading at 77,893.39, up 706.65 points, or 0.92%, while the broader NIFTY50 index of the NSE was trading at 23,566.65, up 205.60 points, or 0.88%.
Stock list
On the NIFTY50, 36 stocks were trading in the green and the remaining 15 were trading in the red.
A day after announcing 25% tariffs on imports from Canada, and Mexico, the US took a U-turn and decided to pause the imposition for 30 days.
Reacting to this, global markets rallied on Tuesday and had a rub-off effect on Indian equities too.
At 09:40 AM, the S&P BSE SENSEX was trading at 77,893.39, up 706.65 points, or 0.92%, while the broader NIFTY50 index of the NSE was trading at 23,566.65, up 205.60 points, or 0.88%.
On the NIFTY50, 36 stocks were trading in the green and the remaining 15 were trading in the red.
The top five losers were Trent, Power Grid Corporation, Britannia, HUL, and Nestle India.
Stocks in news
The company had posted a PAT of ₹242 crore in the October-December period of 2023, Castrol India said.
Castrol India follows the January-December period as its financial year.
Revenue from operations rose 7% to ₹1,354 crore for the reporting quarter, it said.
Broader Market
The BSE MidCap index was trading at 43,089.98, up 587.93 points, or 1.38%, while the BSE SmallCap index was trading at 49,755.61, up 543.31 points, or 1.10%.
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