Saturday, May 28, 2022
HomeBusinessSensex, Nifty rise as energy, technology stocks gain

Sensex, Nifty rise as energy, technology stocks gain

BENGALURU: Domestic indices inched higher on Tuesday, snapping four sessions of losses, as beaten-down technology shares regained some footing and energy stocks gained following a rise in oil prices.
The Nifty was up 0.3% at 17,223.25, as of 0348 GMT, while the sensex rose 0.18% to 57,273.12.
Both the indexes shed roughly 2% each in the previous session after weak March-quarter results from Infosys triggered a sharp selloff in IT stocks.
Early on Tuesday, Nifty’s IT sub-index rose after seven sessions of losses and added 1%. Shares of Mindtree rose as much as 3.1% after March quarter results.
Energy stocks jumped more than 1% as oil prices rose amid deepening concerns over tight global supplies.

Source link



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

%d bloggers like this: