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Sensex Gains 1,041 Points Led by Financial, Tech Stocks

On Thursday, the benchmark stock index surged nearly 2% after the world signalled. The US Federal Reserve took a “less aggressive” stance to continue tackling inflation by raising interest rates by 75 basis points.

Amid the buying momentum, the S&P BSE Sensex gained 1,041.47 points. Or 1.87% to 56,857.79, with gains led by financials, technology and realty stocks.

The rupee gained 22 paise to 79.69 against the US dollar on Thursday, tracking a strong trend in domestic equities.

The biggest gainers in the Sensex portfolio include Bajaj Finance (10.68%), Bajaj Finserv (10.14%), Tata Steel (4.59%), Kotak Bank (4.25%), IndusInd Bank (3.9%) and Infosys (3.14%). The NSE Nifty-50 index also gained 287.60 points, or 1.73%, to 16,929.60.

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