Market Performance - Equity benchmark indices Sensex and Nifty ended higher, marking the fourth consecutive day of gains, driven by buying in Reliance Industries and sustained foreign fund inflows [1][5] - The 30-share BSE Sensex increased by 411.18 points or 0.49% to close at 84,363.37, with an intraday high of 84,656.56 [1] - The 50-share NSE Nifty rose by 133.30 points or 0.52% to settle at 25,843.15 [1] Company Performance - Reliance Industries saw a 3.52% increase in stock price after reporting a 9.6% year-on-year rise in net profit for the September quarter, attributed to strong performance in retail, telecom, and a recovery in the oil-to-chemicals segment [2] - Other gainers included Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan, and Bharti Airtel [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹308.98 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹1,526.61 crore on the same day [4] Global Market Influence - A sharp rally in global markets contributed to the optimism in the Indian markets, with Asian markets like South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng all closing higher [3] - The global oil benchmark Brent crude decreased by 0.29% to $61.11 per barrel [5] Upcoming Trading Events - A special Muhurat trading session is scheduled for Tuesday, with the market remaining closed for regular trading but open for a one-hour trading window [6][7]
Stock markets surge for 4th day; Sensex jumps over 411 points
BusinessLine·2025-10-20 10:39