On volatile day, indices manage small gains amid weakness in global bourses

The 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09

BSE
People walk past the Bombay Stock Exchange (BSE) building, in Mumbai (Photo: PTI)
Press Trust of India
2 min read Last Updated : Aug 25 2022 | 12:33 AM IST
Equity benchmarks eked out marginal gains to settle in the positive zone after swinging between gains and losses during the session on Wednesday amid weakness in global bourses.

In a trade marked with highs and lows, the 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09.

Similarly, the broader NSE Nifty went up by 27.45 points or 0.16 per cent to 17,604.95.

IndusInd Bank topped the Sensex gainers chart with a jump of 2.86 per cent, followed by NTPC, Larsen & Toubro, ICICI Bank, Power Grid, HDFC, Kotak Mahindra Bank, and Asian Paints.

On the other hand, Tata Steel, Tata Consultancy Services, Titan, Sun Pharma and State Bank of India were among the major laggards, slipping up to 0.93 per cent.

Caution prevailed in the market ahead of monthly expiry on Thursday, while key benchmark indices eked out modest gains and shrugged off weak sentiment across most Asian and European markets.

“Gains were muted as investors preferred to stay on the sidelines ahead of the Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole symposium this Friday,” said Shrikant Chouhan, head of equity research (retail), Kotak Securities.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Sensexstock marketsNSENiftyBSE

Next Story