Indian Stock Market Today: Sensex Gains 238 Points, Nifty Near 24,000 as Gold Prices Remain Steady
The BSE Sensex rose 238.79 points to 78,057.14, while the NSE Nifty 50 gained 72.45 points to 23,989.15. Gold prices remained steady and the rupee traded around ₹95.39 against the US dollar.
Prasanth Subramani
Indian financial markets ended today's trading session on a positive note, with benchmark indices extending their gains amid easing global concerns, sustained buying by Foreign Institutional Investors (FIIs), and growing optimism ahead of the corporate earnings season.
The BSE Sensex advanced by 238.79 points, or 0.31%, to close at 78,057.14, while the NSE Nifty 50 gained 72.45 points, or 0.30%, to settle at 23,989.15. Banking, financial, and select blue-chip stocks supported the market's upward momentum as investor confidence improved.
Gold prices remained largely unchanged across India. The price of 22-carat gold stood at ₹1,04,312 per 8 grams, while 24-carat gold was priced at ₹1,13,880 per 8 grams. Softer international bullion prices helped keep domestic gold rates stable, offering steady pricing for jewellery buyers and investors.
In the foreign exchange market, the Indian rupee traded at around ₹95.39 against the US dollar. The domestic currency was supported by lower crude oil prices, stable foreign investment inflows, and positive market sentiment.
Overall, today's session reflected renewed confidence in India's financial markets, with equities posting moderate gains, the rupee remaining stable against the US dollar, and gold prices holding near recent levels as investors await key corporate earnings and global economic developments.
