RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished

stock market, markets, bull, bear, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown

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	The market bulls continued to party for the third straight session, pushing benchmark indices to record high levels on Thursday. A firm global market mood and recently introduced reforms for the telecom and auto sector pushed the indices to fresh peaks. Further a rally in PSU Bank stocks ahead of the Finance Minister Niramala Sitharaman&#39;s address also added to the gains. Other top contributors included index heavyweights Reliance Industries and ITC.</div>
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	The BSE barometer Sensex jumped 418 points to end above 59,000 mark for the first time at 59,141. It touched a new high of 59,204 in intra-day deals. Meanwhile, its NSE counterpart Nifty gained 107 points to 17,626. It hit a new peak of 17,645 during the session.&nbsp;</div>
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	In the 30-pack index, 16 stocks closed in the green and 14 in the red. IndusInd Bank, ITC, SBI and RIL were the best performers, up 2-7 per cent and Tech Mahindra, Bharti Airtel, TCS and Tata Steel were the worst losers.&nbsp;</div>
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	Sectorally, the Nifty PSU Bank index put up a stellar show as it surged over 5 per cent amid hopes that Sitharaman would make announcements about a proposal to set up a bad bank in a press briefing later today. Nifty Private Bank and Nifty Bank were among other top gainers, up 3 per cent and 2 per cent, respectively. Nifty Media, Metal and IT were the only losers.&nbsp;<br />
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	The broader markets too rejoiced but underperformed the benchmark. The BSE Midcap index rose 0.48 per cent and the BSE Smallcap eked out 0.08 per cent gain.</div>

Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7%

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Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7% | News on Markets - Business Standard

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SGX Nifty indicates flat-to-negative start

&gt;&gt; At 8:25 AM, the SGX Nifty was at&nbsp;17,525 levels, lower by 8.5 points<br />
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	<img align="" alt="SGX" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2020-10/01/full/sgx-1601523849-85122620.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="SGX" width="620" /></div>
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Rupee settles 18 paise higher at 73.50 against US dollar

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	The rupee closed 18 paise higher at 73.50 (provisional) against the US dollar on Wednesday, tracking a firm trend in domestic equities and sustained foreign fund inflows. At the interbank forex market, the local unit opened flat at 73.68 against the greenback. During the session, the domestic unit witnessed an intra-day high of 73.50 and a low of 73.74. In the previous session, the rupee had settled at 73.68 against the US dollar.</div>
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	<em>Source: PTI</em><br />
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		<img align="" alt="Rupee" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-05/10/full/1620611774-2326.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Rupee" width="620" />
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Oil slips but holds to most gains after draw in U.S. stocks

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	Oil prices slipped on Thursday, but kept most of the previous day&#39;s gains after a larger-than-expected drawdown in crude oil stocks in the United States, the world&#39;s largest oil consumer. Brent crude oil fell 13 cents, or 0.2%, to $75.33 a barrel by 0128 GMT, after settling up 2.5% the previous day. U.S. West Texas Intermediate (WTI) crude slipped 12 cents, or 0.2%, to $72.49, after settling 3.1% higher on Wednesday.</div>
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	<em>Source: Reuters</em><br />
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		<img align="" alt="Photo: Bloomberg" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-08/31/full/1630400577-9053.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="oil, crude oil," width="620" />
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	Shares in Asia-Pacific were mixed in Thursday morning trade, with casino shares in Hong Kong mostly seeing another day of losses. The broader Hang Seng index in Hong Kong shed 0.12%. In mainland China, the Shanghai composite climbed 0.49% while the Shenzhen component hovered above the flatline. The Nikkei 225 in Japan slipped about 0.1% while the Topix index fell 0.15%. South Korea&rsquo;s Kospi edged 0.47% lower. In Australia, the S&amp;P/ASX 200 advanced 0.69%.</div>
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	<em>Source: CNBC</em></div>

U.S. stocks rose on Wednesday, staging a rebound as investors tried to gauge the strength of the economic recovery. The S&amp;P 500 climbed 0.85% to 4480.70, while the Dow Jones Industrial Average rose 0.68%, bouncing back from a two-month low. The tech-focused Nasdaq Composite gained 0.82%.

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Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7%

RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished

Bulk deal on NSE on Wednesday

SGX Nifty indicates flat-to-negative start

Rupee settles 18 paise higher at 73.50 against US dollar

Oil slips but holds to most gains after draw in U.S. stocks

Asia-Pacific shares mixed

U.S. stocks close higher on Wednesday

Good morning, readers!