Monday, February 3, 2025

Share Market Highlights: Sensex, Nifty recover from two-day decline, powered by bank stocks

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Sensex, Nifty updates on 28 January 2025: Indian stock indices, Sensex and Nifty, bounced back on Tuesday after two days of significant declines, spurred by strong buying in banking and rate-sensitive sectors following the Reserve Bank of India’s decision to inject liquidity into the financial system. The Sensex surged by 535.24 points or 0.71%, closing at 75,901.41, while the Nifty gained 128.10 points or 0.56%, ending at 22,957.25. Key gainers included Bajaj Finance, Axis Bank, HDFC Bank, Tata Motors, and ICICI Bank, while stocks like Sun Pharmaceutical, ITC, and TCS faced declines. Asian markets showed mixed results, with Tokyo closing in the red and Hong Kong in the green. European markets traded higher, and US markets ended lower. Brent crude prices saw a slight rise to USD 77.56 per barrel.





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