December 31, 2025 05:38 am (IST)
Follow us:
Positive global cues help Indian benchmarks to post gains after three days of loss
Mumbai, Feb 4 (IBNS) Positive global cues helped the Indian benchmark indices halt their three-day downward spiral and end Thursday on a positive note with the Sensex climbing 115.11 points to close at 24338.43 and the Nifty moving up 42.20 points to end at 7,404.
The market rebounded during the early hours of trade on Thursday but trimmed its gains in the last hour before closing.
Investors in Indian pharma stocks are concerned about media reports that say that the US government is making it mandatory for Active Pharmaceutical Ingredients (API) to be manufactured locally; the decision is likely to impact drug exports.
Among the leading companies that made it to the gainers' list are Vedanta. Cairn India, Tata Motors, Hindalco and ONGC. Companies that saw a dip in their share prices were Lupin, NTPC, Cipla, Bajaj Auto and SBI.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
PM Modi interacts with economists at NITI Aayog, calls for mission-mode reforms for Viksit Bharat
Tue, Dec 30 2025
TVS Motor teams up with Manba Finance — Game-changer for commercial vehicle financing?
Tue, Dec 30 2025
ICICI Prudential Life launches ‘Wealth Forever’ plan — Here’s why it’s creating a buzz!
Tue, Dec 30 2025
RBI data reveals hiring shock: private banks cut jobs in FY25 while PSU, small finance banks add staff
Tue, Dec 30 2025