25 May 2025, Sun

Banking stocks rise rapidly in stock market, Sensex closed at 187, Nifty crosses 24,100

The process of boom continued in the stock market on Tuesday. In the sixth consecutive trading session, the BSE Sensex rose up with a gain of 187 points. The market flow of foreign institutional investors, banks and & nbsp; The market gained in shares of daily use goods.

The Sensex based on thirty stocks closed at 79,595.59 with a gain of 187.09 points, or 0.24%. & nbsp; during trading, one time it climbed up to 415.8 points. NSE Nifty also traded at 24,167.25 points with 41.70 points i.e. 0.17 %."Text-Align: justify;"> Backing stocks boom

Except for IT and energy sectors, most index remained in profit. & nbsp; Realty, FMCG (daily use goods manufacturing companies) and the bank were the fastest. & nbsp; ITC, Hindustan Unilever, Mahindra & Mahindra, HDFC Bank, Internal, Kotak Mahindra, SBI, and ICICI Banks were prominently benefited among the Sensex shares. On the other hand, IndusInd Bank declined the highest 4.88 percent.

There have also been reports that the bank has given & lsquo; Micro Finance & Rsquo; To find out the discrepancies of Rs 600 crore in business, EY has been appointed for forensic audit. However, the bank said in the information given to the stock market after the market closure that it has not appointed EY for forensic audit.

But its Internal Audit Department (IAD) is reviewing the MFI (Microfinance) business to investigate some concerns. Apart from this, Power Grid, Bharti Airtel, Infosys and Bajaj Finserv were also prominently declined. & Nbsp;

hope of debt hike

Jiojit Investments Ltd. Research head Vinod Nair says, & lsquo; & lsquo; International market has kept hope despite the negative global perception related to Trump-Federal Reserve. RBI’s cash coverage ratio is expected to increase debt. This will speed up the financial sector. Foreign capital flow remains on the fourth consecutive day due to the weakening of the dollar and competitive evaluation. & Rsquo; & rsquo;

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