May 07, 2026 12:13 am (IST)
Follow us:
Positive global cues help Indian benchmarks to post gains after three days of loss
Mumbai, Feb 4 (IBNS) Positive global cues helped the Indian benchmark indices halt their three-day downward spiral and end Thursday on a positive note with the Sensex climbing 115.11 points to close at 24338.43 and the Nifty moving up 42.20 points to end at 7,404.
The market rebounded during the early hours of trade on Thursday but trimmed its gains in the last hour before closing.
Investors in Indian pharma stocks are concerned about media reports that say that the US government is making it mandatory for Active Pharmaceutical Ingredients (API) to be manufactured locally; the decision is likely to impact drug exports.
Among the leading companies that made it to the gainers' list are Vedanta. Cairn India, Tata Motors, Hindalco and ONGC. Companies that saw a dip in their share prices were Lupin, NTPC, Cipla, Bajaj Auto and SBI.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Amidst rising input costs, manufacturing growth remains positive: FICCI Manufacturing Survey
Wed, May 06 2026
Nissan Motor India launches nationwide AC Check-up Camp to help customers stay summer-ready
Wed, May 06 2026
India’s chip dream accelerates! Cabinet approves new Rs.3,936 cr semiconductor push
Wed, May 06 2026
Iran War: India has enough policy buffers to absorb heightened global uncertainties, says RBI Dy Governor
Tue, May 05 2026