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Signalling investor confidence in the economic growth, development and investment prospects of India amid political stability, equity benchmarks surged to fresh all-time highs on Thursday, as shares of Adani Group saw a sharp rise with Adani Enterprises becoming the top gainer.
Indian shares posted strong gains on Thursday despite mixed cues from global markets. Investor sentiment received a boost after the Reserve Bank of India approved a massive, all-time high surplus transfer of Rs.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Except for the metal and pharma sectors, all other sectoral indices ended in the green. The auto, banking, and capital goods sectors each saw a 2% increase.
According to provisional data from the exchanges, FIIs bought Rs 19,822 crore and sold Rs 15,151 crore. Meanwhile, DIIs picked up Rs 12,439 crore in shares and dropped Rs 12,293 crore worth of equity in the session.