August 12, 2025 02:25 am (IST)
Indian markets post gains for the third day in a row on Thursday
Indian markets post gains for the third day in a row on Thursday
Mumbai, May 26 (IBNS) Indian markets seemed to have found their feet and continued with the gaining streak on Thursday with Sensex up 485.51 points to 26366.68 and Nifty up 134.75 to 8070.
A rally in capital goods stocks supported the market momentum.
Larsen & Toubro, State Bank of India, BHEL, Axis Bank and Idea Cellular were some of the major gainers on Thursdaywhile Bharti Infratel, HCL Technologies, Eicher Motors, Bosch and Reliance Industries slid.
The market is awaiting US Fed Chair Janet Yellen's speech on Friday on the economy at Harvard and believes her comments might provide further clues about news that the US central bank is likely to raise interest rates in June.
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
Lok Sabha passes modified Income Tax Bill, 2025, without debate
Mon, Aug 11 2025
BSNL teams up with Ericsson, Qualcomm, Cisco, and Nokia to launch digital skilling programme in 5G, AI, Cybersecurity, and Networking
Mon, Aug 11 2025
SEBI stops mutual funds from paying transaction charges to distributors on ₹10,000 subscriptions
Sat, Aug 09 2025
ICICI Bank increases the minimum average balance for savings accounts to Rs. 50,000 from August 1, check penalty
Sat, Aug 09 2025
Cabinet clears ₹30,000 cr LPG relief for PSUs, approves ₹4,200 cr MERITE scheme and North-East packages
Fri, Aug 08 2025
Tata Motors Q1FY26 net profit drops 63% Y-O-Y
Fri, Aug 08 2025