Sensex climbed 657 points to recover the 58,000-mark on Wednesday


Posted on 09 February 2022


For Illustration Purpose Only.

Following strong purchasing in auto, metal, and banking companies, the Sensex climbed 657 points to recover the 58,000-mark on Wednesday. Traders added that strong global cues also helped the domestic markets. The 30-share BSE Sensex closed at 58,465.97, up 657.39 points, or 1.14 percent. Similarly, the NSE Nifty finished at 17,463.80, up 197.05 points or 1.14 percent. With a gain of nearly 4%, Maruti Suzuki led the Sensex pack, followed by IndusInd Bank, HDFC Bank, Bajaj Finserv, Titan, Wipro, and Bharti Airtel. Sun Pharma, ITC, and PowerGrid, on the other hand, were the laggards. In other parts of Asia, bourses in Hong Kong, Tokyo, Seoul, and Shanghai all concluded the day in the green. In mid-session trades, European stock exchanges were trading with huge gains. Meanwhile, Brent crude, the international oil standard, fell 0.27 percent to $ 90.73 per barrel.


Key Points


  • Following strong purchasing in auto, metal, and banking companies, the Sensex climbed 657 points to recover the 58,000-mark on Wednesday.

  • Traders added that strong global cues also helped the domestic markets. The 30-share BSE Sensex closed at 58,465.97, up 657.39 points, or 1.14 percent. Similarly, the NSE Nifty finished at 17,463.80, up 197.05 points or 1.14 percent. 

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