Sensex Surges by 567 Points Amid Positive Global Cues and Easing Oil Prices
Sensex jumps 567 pts in early trade; breadth strong
Business Standard
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The S&P BSE Sensex rose by 567.35 points (0.73%) to 78,678.59 in early trade, driven by easing crude oil prices and favorable global signals. The Nifty 50 index also gained 156.90 points (0.65%), with strong performance in the metal, IT, and realty sectors.
- 01S&P BSE Sensex increased by 567.35 points to 78,678.59.
- 02Nifty 50 index rose by 156.90 points to 24,388.20.
- 03Foreign portfolio investors purchased shares worth ₹666.15 crore.
- 04HDB Financial Services reported a 41.4% YoY increase in net profit.
- 05Asian markets rallied, with Japan's Nikkei 225 reaching a record high.
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In early trading, the S&P BSE Sensex surged by 567.35 points (0.73%) to reach 78,678.59, while the Nifty 50 index climbed 156.90 points (0.65%) to 24,388.20. This upward momentum was fueled by decreasing crude oil prices and positive global market trends. The broader market also showed strength, with the BSE 150 MidCap Index up 0.77% and the BSE 250 SmallCap Index rising 0.96%. The market breadth was favorable, with 2,675 shares advancing compared to 648 shares that declined. Notably, foreign portfolio investors bought shares worth ₹666.15 crore, contrasting with domestic institutional investors who sold shares worth ₹568.98 crore on April 15, 2026. HDB Financial Services experienced a significant boost, with a 41.4% year-on-year increase in net profit, attributed to steady loan growth and improved operating efficiency. Meanwhile, Tejas Networks reported a net loss of ₹211.34 crore, reflecting a decline in revenue. Global markets also showed positive signs, with Asian indices rallying, particularly Japan's Nikkei 225, which reached a record high amidst optimism regarding a potential U.S.-Iran deal.
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The rise in the Sensex and Nifty indicates a positive sentiment in the equity market, potentially boosting investor confidence and encouraging more investments.
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