This follows 2020, 2012, 2011 pattern, and the one in 2008, during the Global Financial Crisis
FPIs buy shares worth Rs 6,300 crore, first net inflow since Sept 2021
However, gains were capped as investors remained in wait and watch mode
The rally in banking and finance stocks after some banks posted good quarterly results also helped sentiment
IndusInd Bank was the best-performing Sensex stock and rose 7.8 per cent
A recovery in the rupee also bolstered sentiment, traders said
ITC Chairman and Managing Director Sanjiv Puri's three years in charge have seen structural shifts that steadied the cigarettes to hotels major against a tough business environment
Indices end at highest level in nearly a month
The first half of the calendar year 2022, which draws to a close now, was marred by external headwinds. We bring you a recap of what all kept traders and investors busy in the last six months
Buying in IT stocks - spurred by a global trend - accounted for the bulk of the gains in the benchmark indices
FPI selling in June nears Rs 50,000 crore
Benchmark indices shed over 5% each as investors take money off risky assets amid fears of global recession after US Fed's 75 bps rate hike
Despite several attempts, the indices have succumbed to global and domestic cues. Should you use the current market fall to buy for long term? Are the markets discounting the rate hikes by the RBI?
Nifty down 7.6% in May; over Rs 26-trillion market cap eroded
Hindustan Unilever and Asian Paints gained the most at 3.24 per cent and 2.5 per cent, respectively
The bond markets also saw a sell-off, and the yield on the 10-year government bond rose to 7.37 per cent, hitting a three-year high
One of the factors that lifted sentiment was China's pledge to boost monetary-policy support to bolster its Covid-19-hit economy
Brent crude oil prices dropped close to 5 per cent due to demand concerns following news that lockdowns were spreading to Beijing
On Thursday, overseas investors sold shares worth Rs 5,009 crore, while domestic institutions invested Rs 1,775 crore
Experts also said the sharp bounce in China's market is favourable for global equities